#OnMyRadar... My Market Opinion: 3 Point Reversal which involves a swing low, followed by a lower low, then a higher low. In addition what I am seeing is a possible WAVE 2 completion which can lead to an impulsive WAVE 3. All things considered, I am currently a buyer in this market from 1.4550. NOTE: Use a proven method that has worked for you. I hope this...
Waiting for price action sell signal at/near upper trend line / confluence (2030/35) to get short. If we see slow gradual market correction I will look to sell near the highest point then add to position at H1, H4 close below last Friday's low of (2008) for down trend continuation. Note: It is always possible for markets to not play out as anticipated in any...
Both 1st and 2nd targets hit 380 pip range high. Now we wait for the next trade...
Last week FX:EURAUD rallied 600+ pips to 1.4960+/-. Since then price action declined 200 pips +/- for an approximate 1/3 retracement of the rally waiting for price action buy signal at/near lower trend line to get long. If we see gradual slow correction I will look to buy near the lowest point then add to position at close above upper trend line with...