Why I Think AUDUSD May Continue To Sell
Hey Rich Friends,
I think AUDUSD has the potential to continue to sell, here is what I am looking at:
- Candles entering and rejecting the supply zone
- Momentum is low but not yet below 0
- STOCH facing down, no longer overbought and the orange line is above the blue line.
Pending orders are recommended. SL will be above a previous high and TP below previous lows. Check the news and be mindful of NFP Week.
- Peace and Profits, Cha
I think AUDUSD has the potential to continue to sell, here is what I am looking at:
- Candles entering and rejecting the supply zone
- Momentum is low but not yet below 0
- STOCH facing down, no longer overbought and the orange line is above the blue line.
Pending orders are recommended. SL will be above a previous high and TP below previous lows. Check the news and be mindful of NFP Week.
- Peace and Profits, Cha