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TOP DOWN ANALYSIS ON THE AUSSIE: There was a break of the inducement zone (0.636-0.638) with a Daily candle. However, this was shortlived by a retest at the zone. I want to wait for a 4HR full body candleclose below 0.635 and short to the 0.633 - 0.630 support.
Follow me for more private ideas on top down analysis and day-trading entries on smaller timeframes. Peace!
TOP DOWN ANALYSIS ON THE AUSSIE: There was a break of the inducement zone (0.636-0.638) with a Daily candle. However, this was shortlived by a retest at the zone. I want to wait for a 4HR full body candleclose below 0.635 and short to the 0.633 - 0.630 support.
Follow me for more private ideas on top down analysis and day-trading entries on smaller timeframes. Peace!