my thoughts on AU, potential change in trend. Im just waiting for price to potential pullback to a daily Fair Vaule Gap & waiting for a candlestick pattern
Although we have an Ascending channel showing that EU uptrend is still intact, price has been struggling to create higher highs in the last couple of weeks. If we get the bearish momentum we need that we can see a possible but definite change in our trend
EU daily chart. I noticed price formed a nice Head & Shoulders but also Price is ranging.... Wait for the breakout & retest before going long or short
keep an eye on AU real ( Possible ) chance the market could do this but if price breaks n close above my Zone ( rectangular box ) than this is invalid but if it doesn't that wait for the break & retest of the .79430 area to go short