looks like a nice corrective uptrend for more downside - selling the break of this up move looks like a good idea. Happy Trading!
הערה
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60 min flag? will add on - on the break..
תגובות
Trader_Dale
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Thanks for your great analysis!
Here is my view on AUD/JPY if you are interested:
Strong selling activity from 87.50 shows that strong sellers are present and that the long uptrend is now over. The market will be probably in wider rotation now and I will go short from 86.61 because this place was the beginning of the sell-off that started 2016-12-15.
If you are interested there are more Market profile swing and intraday analysis in my profile page. You are very welcome there!
Dale
Thanks for comments and your chart anlaysis! -- looks good on your daily chart.. i will relook at it on higher TF -- the trade I was looking for on the 60m broke the low -- i sold once and it reversed, did not hit my stop so I was able to get out for Break even - i am staying out of it for now.
I have a good sell going on EG - see that idea if you like - - really nice and looking like a better add on flag now. Also in the AUDNZD buy, now at Break even holding for a break out ..
not sure really how to use your indicator with volume etc you have there.. i know often it can be deceiving as only looking at volume for that one broker etc.. but if it works for you and gives you good information that is pretty cool.
Here is my view on AUD/JPY if you are interested:
Strong selling activity from 87.50 shows that strong sellers are present and that the long uptrend is now over. The market will be probably in wider rotation now and I will go short from 86.61 because this place was the beginning of the sell-off that started 2016-12-15.
If you are interested there are more Market profile swing and intraday analysis in my profile page. You are very welcome there!
Dale