AUD/USD - follow
me on twitter @fxdailyforecast and stocktwits.com/fxg
Price fell to the 786 yesterday and gave us a bullish cs
formation, but outside our trading hours. Price has since rallied and taken out
the B high confirming the uptrend on this timeframe.
FOR TODAY:
We have to wait for a new B high to form before we can do
anything. So no trade setups.
If we don’t get
the setup we are looking for then we don’t trade.
SHORT: Will be going
short only IF:
No trade set-up, we don’t have an established B high in place
as yet.
If we don’t get the setup we are looking for then we
don’t trade.
LONG: Will be
going long today only IF:
No trade set-up, we don’t have an established B high in place
as yet.
If we don’t get the setup we are looking for then we
don’t trade.
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