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We are looking for price to push in to our support area and then fly off to the moon with the bulls ( even though nothing has ever gone to the moon... all these moon landings are filmed in Hollywood ) :p But i guess that is just another case of people believing what they are told instead of believing something when they actually see it.
The same goes for the...
We will be waiting to see how price reacts around the 4 hour 50EMA
If there is a rejection from here we will be watching the 1.4860 level to taking a sell position which would complete the right shoulder on the 4 hour time frame.
EUR AUD Sell
all updates on when stop loss will be moved to entry will be sent privately.
It is recommended to move your stop loss to entry upon +30 pips being hit.
Daily time frame-
Price has continued to move impulsively higher, going through all fib levels, resistance and previous daily high. This invalidating the daily bearish structure. We waited for pull...