


YNAD14
This is a Hard decision and if we wait. We could easily can confirm the destination of the Candles. But since I need to make a choice right now, because this is an early decision, I will Say that the Long is more likealy to happen because AUD is on the long run right now but as I said this is only speculative. I wouldn't make any trade until full confirmation.
This is what is happening right now with AUDUSD, I'm not gonna short it because. I'm on another 50/50 trade on USDJPY. The possibility of a long right after are High, I'm gonna wait for it. Let's see.
IS USD gonna make the ABC pattern like the last time ? IS USD going to make it back to the lowest resistance possible ? We Will see that soon, I'll make a 1H Chart in soon.
This is a trade where I'm not putting a lot of low. So my risk will be way smaller but the reward is worth the try. The point is, USD isn't going to ge through those peak for at least a day. So if it doesn't go UP it must go DOWN and follow the trend I already made in another Idea. I am in the trade.
The daily trend line was confirmed twice, the possibility of a third is at around what 20 to 30 % chance of happening. CAD took over for a small while but we cannot tell it is going to go downward again. I'm going to take a risk on this trade because the indicators tells me so. This is a 75 pips reward against a 50 pips losses. Let's see.
Two tops, waiting for the confirmation and shorting is the nicest bet to make !
this is a small trade to make a small easy profit and the loss isn't that bad if it gets to the stop loss, worth the risk.
Is USD going to get to his highest resistance since a while ? The ABC Pattern tells us so, it is going to go test the support before coming back up, this is almost sure. the end of the peak ? 1H chart ???