Hello, Elite traders.
AUDUSD short position is ready when price break 0.74083 support level by doing another retracement from the same level. Retracement is needed because we are still in overall buyers territory.
Our strenght meter from our custom indicator is showing short flow on USD dollar. On the other side, AUD currency pair did well move from previous...
In trading it is important to be patient because you can easily makes bad things. Wise versa, this trade has already began to start. In our first 4 hour candle, price broke down through very important resistance (previous* - elite traders knows).
Because price is keep falling down, it will be much smarter and wait for H4 CLOSING.
If closing will be strong, we...