AriasWave

AW Aussie Dollar Analysis - Watch Out For This Scalp Trade...

FX:AUDUSD   Australian Dollar / U.S. Dollar
When the patterns start showing a change in the setup, it's time to respond.

Here we can see that the bullish move turned corrective.

If you catch it ahead of time you can short it.

Not saying Aussie Dollar is not bullish, just remember we can make profits on small degree moves down when they are anticipated.

Remember to use Disciplined Money Management Principles to ensure longevity as a trader.

If you don't know the long term pattern shouldn't you be doing your research instead of just following the crowd?

Just remember: I am not a financial adviser; I suggest using this only as a guide. Always do your own research.

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