AUDUSD - Possible Fakeout
Why I'm NOT BUYING just YET:
- So far this is not a BREAKOUT
- Wait for a Higher High / RS Flip
- The first attempt to breakout was rejected with long wick
Looks like a fakeout so far...
If you are SHORT:
- Stop above the last high
- Around ~ 0.726
Possible lower targets lined out below...
- So far this is not a BREAKOUT
- Wait for a Higher High / RS Flip
- The first attempt to breakout was rejected with long wick
Looks like a fakeout so far...
If you are SHORT:
- Stop above the last high
- Around ~ 0.726
Possible lower targets lined out below...
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