Shorts on AUDUSD???
I've once read a quote from a very wise man, it's stuck in my mind till date. "News create volatility, not direction." That's what he said. Now, a lot is happening around the dollar which means we have to take trades with caution.
What do we see on AUDUSD??
Our 1D support and resistance levels.
4H downtrending market structure.
Bearish correction.
Trade Confirmation???
3rd touch on the resistance trendline.
Reversal candlestick 4H.
Low momentum going up.
Patience is key - remember that.
I've once read a quote from a very wise man, it's stuck in my mind till date. "News create volatility, not direction." That's what he said. Now, a lot is happening around the dollar which means we have to take trades with caution.
What do we see on AUDUSD??
Our 1D support and resistance levels.
4H downtrending market structure.
Bearish correction.
Trade Confirmation???
3rd touch on the resistance trendline.
Reversal candlestick 4H.
Low momentum going up.
Patience is key - remember that.