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Aud Usd Shorthello Traders, What I am seeing in Aud/Usd is that that we have a potential sell set up which in my opinion and my trading plan is a High Quality trade with MASSIVE Risk to Reward with Final Target 1:37% Why is High Quality: 1) As we can see, the Two Previous highs are manipulated with a beautiful mitigation Candle stick and then we a sharp movement to the down side from the start of the movement by an Institutional Candle stick Next to the mitigation! 2) We have An Internal LQ 3) We have A brake Of Structure One on the top and one in the Bottom 4)Clear Targets Under The previous internal and inside Of the imbalance 5) Thursday's Previous high/low cleared Please type in the Comments you opinion and if you like it you can share it ;) Thank you Trade safe
Short
by SHOT_SNIPER
11
Some statistics for ya' mindsBullish flag breaks on though the top and I drop some knowledge right here: Between 24-Jan-2014 and 23-Jan-2019, there have been 7 independent observations where the Average 5-Day RSI for S&P 500 Stocks crossed below the level of 70. After 5 days, the S&P 500 returned an average of 0.65% (SD 0.78%), with the return being positive in 86% of the observations. SPX crossed this level on Tuesday. Therefore on next Tuesday we may be up in relation to this Tuesday.
AMEX:SPY
by Slimsy

Select market data provided by ICE Data services. Select reference data provided by FactSet. Copyright © 2025 FactSet Research Systems Inc.© 2025 TradingView, Inc.

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