A lot of confluences with this pair
- Bearish Engulfing candle
- Rejection of Weekly resistance
- Rejection of Top of channel
- Rejection (almost) of 200EMA
- Overall downtrend
- Overbought Stochastics
- Bad employment figures for Aus
If it plays out it plays out, confluences + confidence, if it doesn't its all part of the game of probabilities.
- Bearish Engulfing candle
- Rejection of Weekly resistance
- Rejection of Top of channel
- Rejection (almost) of 200EMA
- Overall downtrend
- Overbought Stochastics
- Bad employment figures for Aus
If it plays out it plays out, confluences + confidence, if it doesn't its all part of the game of probabilities.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.