price drop as USD index is super strong up trend
But compare AUD with other currency is different because this currency show sideway but other currency is going down very strong
COT report show that commercial player is open long position
This price is demand zone normally it ok to bet this area
I also see that TD sequential count 9 on demand zone with pin bar candlestick that show some buying coming in the game
I hope I count it correctly
this wave might be X wave that follow by another correction phase maybe triangle maybe another flat correction ABC
But compare AUD with other currency is different because this currency show sideway but other currency is going down very strong
COT report show that commercial player is open long position
This price is demand zone normally it ok to bet this area
I also see that TD sequential count 9 on demand zone with pin bar candlestick that show some buying coming in the game
I hope I count it correctly
this wave might be X wave that follow by another correction phase maybe triangle maybe another flat correction ABC
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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.