MY PREDICTION ON AU FOR THE UP-COMING WEEK
Due to my prediction on AU it seems that the market will retrace at the 61.8% before going to the level of major resistance.
Market as it seems is ascending bullish due to the weekly and the monthly TF. Keep in mind that every small moves on higher TF is a major moves on lower TF which can be use as advantage to gain pips, so if the market is in a bullish market on higher TF and it makes a retracement as if the market creates a LH,LL,HH or HL, all of those retracement are major moves on lower TF which can be collected if "timeframe-correlation" comes in play.
Market as it seems is ascending bullish due to the weekly and the monthly TF. Keep in mind that every small moves on higher TF is a major moves on lower TF which can be use as advantage to gain pips, so if the market is in a bullish market on higher TF and it makes a retracement as if the market creates a LH,LL,HH or HL, all of those retracement are major moves on lower TF which can be collected if "timeframe-correlation" comes in play.
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