AUDUSD: Last Leg Up Before a Nosedive?
Hello Tradrers
AUDUSD has provisionally entered a bearish phase and I expect a sharp move down BUT not before I see price heading back up. I do expect price move up but not to the extent of forming a new high. Thus, I will ignore any buy setups and wait for sell setups that push price further down.
Happy Trading.
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This idea is for entertainment purposes only, and is not meant to be an investment advice.
AUDUSD has provisionally entered a bearish phase and I expect a sharp move down BUT not before I see price heading back up. I do expect price move up but not to the extent of forming a new high. Thus, I will ignore any buy setups and wait for sell setups that push price further down.
Happy Trading.
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This idea is for entertainment purposes only, and is not meant to be an investment advice.