Pound Inggris / Dollar AustraliaPenjualan
Retracement to Short Continuation
Diupdate
Expecting a retracement and sometime today a short continuation.
Stochastics is about at an end of a small down trend, looking for possible retracement at these levels, but still not enough confirmation, if there is no retrace, then this will continue down from here.
Overall on multiple time charts things are still bearish in nature, so still expecting short positions to be greater than going long.
Still waiting to let things play out before my first trade.
Happy Hunting.
Stochastics is about at an end of a small down trend, looking for possible retracement at these levels, but still not enough confirmation, if there is no retrace, then this will continue down from here.
Overall on multiple time charts things are still bearish in nature, so still expecting short positions to be greater than going long.
Still waiting to let things play out before my first trade.
Happy Hunting.
Catatan
Even though we are need an area of possible support, do not buy in until there is an indication of a finished reversal with a new trend. Until that happens, keep looking for short positions and do not try to predict bottoms, our job is just to follow.
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