AUDUSD: NEW UPTREND TIME EXPIRES IN 3 DAYS

22 พ.ย. 2015

MONTHLY

A 6moths MODE,is unwinding following a 19month mode. Price-wise, the trend has expired, but we still have one more month to go. Time expires by December close.

WEEKLY

The uptrend failed to confirm, followed by a renewed downtrend. By Implication, MARKET IS BALANCED on the weekly. This signals a big move underway, whichever, bulls/bears win the fight.

DAILY
Range expansion out of 5days MODE.
In 3 days from now, price must reach 0.730000 to keep this new uptrend going.
It is important to note that, last Friday rally ended around the current monthly downtrend MODE which is still building up.
Important levels to reload longs
50% RE( 0.71637) and 75% RE(0.71369)
Invalidation for long
0.711000=daily uptrend mode

23 พ.ย. 2015

บันทึก

With a stop @ 0.73000 I'm going to short this thing by tomorrow close, if we don't reach the price target of 0.730000.

23 พ.ย. 2015

บันทึก

50% entry @ 0.71637 working perfectly!

26 พ.ย. 2015

บันทึก

Price Target expired on RE day.
TIME EXPIRED YESTERDAY