This pair has something interesting going on Divergent on 4 HR and 1 HR Back to level where historically provide big supply move. I will be watching closely this pair.
Right. I have already shorted from 1.79 qnd closed shorts on Friday evening because yhe price looks like it needs to go up again to make a lower high probably so that Rsi to be clearly under 70. And then it can go down or lateral, who knows.
withoutmercy
⋅
@Rick_69ro, Closing the weekend with a plus is great, any pullback on this pair is a better short, I like this pair because they are moving in different direction relatively. GBP is down while AUD is on bullish cycle against USD, so big move is about to happen
Rick_69ro
⋅
@withoutmercy, Great, thanks. I love this pair too, it has its moments when it starts moving in one direction it becomes unstoppable :)
Rick_69ro
⋅
@withoutmercy, Hey friend watch out, the price is moving again higher as we estimated. Let s see how high it can go, for a better shorting level ;)
withoutmercy
⋅
@Rick_69ro, true, it was turning at SMA on 1 HR so not on my scenario anymore
Rick_69ro
⋅
@withoutmercy, You mean you will not short it for the moment? Expecting something like 1.80 or so?
withoutmercy
⋅
@Rick_69ro, I was short opening session, get out at BE, will see if the currency strength change
Rick_69ro
⋅
@withoutmercy, I see. I am still looking to short it. On 15m I see Hidden bearish divergence. On 1h I think it is a final pullback/ retest to create Rsi divergence and after that price will fall. Let s see...