the Aussie moved into a demand zone and found resistance. Momentum shows a divergence on the RSI. Lower highs indicate a sentiment shift.
The missing link is the confirmed break of the lows. Downside potential - potential cover of previous bullish trend wave; clear path of least resistance.
The missing link is the confirmed break of the lows. Downside potential - potential cover of previous bullish trend wave; clear path of least resistance.
הערה:
Price still hasn't broken the support line. Not a reversal as of now!
הפקודה בוטלה:
No follow-through and no momentum in the market. Taken off the watchlist for now...
I have been trading for 15 years!
> Trend Rider indicator: tradeciety.com/trend-rider-indicator/
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> Trend Rider indicator: tradeciety.com/trend-rider-indicator/
> Free weekly trading webinar: www.tradeciety.com/webinar/
> Free blog: www.tradeciety.com/blog
