When Other's make an analysis of next week prediction movement. I make an analysis why we should NOT TRADE.
Its Still Uptrending in DAILY CHART...and you wont fight those DAILY TREND by selling AUD.
WEEKLY CHART already make an Bullish Engulfing and there are opportunity those major trendline is BREAK.
RSI Shows OverBought ... But NOT WISE moment to sell.
And the good Reason not to sell is because its Friday Candle.."Friday candle's" Is retracement candle for "weekly candle's" and we can't predict the future with those candle.
Second Reason, No one Able to predict the movement of "Monday Candle's"
Conclusion,
1. Dont trade on monday, Opening of monthly candle, weekly candle, and daily candle is hard to predict.
2. Better wait for downtrend.
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