Potential Temporary Reversal - 1 Hr Interval - AUDUSDHello Successful traders,
Considering the prevalent uptick in PA (Price Action) within the 1 hour interval (and in-ward), a probable correction may be imminent.
Be Conscientious and Stick To Your Trading Plan***
Not Investment Advice. For Educational and Analytical Purposes Only.
-LionGate
Persistance
Strong Resistance Levels - MXCThere appears to a robust amount of resistance at around the price 18.50-19.00, considering a breach at this level could imply a prolonged bullish position in store for the future.
Not Investment Advice. For Educational and Analytical Purposes Only. (Do Your Own Research and Stick To Your Trading Plan!)
A Potential Bullish MomentumConsidering the prolonged bearish movement, there has also been a significant amount of consolidation since mid 2016. A reversal may be imminent, be diligent around the 120 price on the weekly analysis.
Not Investment Advice. For Educational and Analytical Approach Only. (Be Diligent and Stick to YOUR Trading Plan).