Trading strategies offer a captivating avenue, providing opportunities to engage trades with less overthinking. In the case of the Australian dollar, however, it has displayed weakness, manifesting a bearish trajectory. Let's explore this together. On the weekly chart, an important point arises – the violation of the previous low. While not a critical support...
Well, the market might bounce off from the sideway Increase Volatility and the 1st level it stretches to might be the Bearish Bat setup which is a more stable trading setup compared to the 1 I'm in(sideways increase volatility trendline within the buy zone{blue box}).
It's sad to miss 130pips worth of profits which translate to $1,300USD/lot trade on the Bullish Bat Pattern I've shared on last Monday, which some of you have received that information even the day before the market open.
Well, I don't want you to jump into all the trade ideas I've shared but rather to read them, analyse them and make your own judgement call....
