Short for now, Long for later.
Trying to make the most out of opportunites in this highly bullish market.
Note I am longer term bullish.
RSI Heavily Overbought and upwards momentum is losing steam rapidly.
Therefore I am optimistic that AUD will continue to trade lower. BAD Data out of China and weak seasonal Aussie figures.
I will open one parcel short now and one later on confirmation on lower timeframes
Trying to make the most out of opportunites in this highly bullish market.
Note I am longer term bullish.
RSI Heavily Overbought and upwards momentum is losing steam rapidly.
Therefore I am optimistic that AUD will continue to trade lower. BAD Data out of China and weak seasonal Aussie figures.
I will open one parcel short now and one later on confirmation on lower timeframes
Trade active:
1 parcel entered as described on lower timeframe linked chart below
Trade active:
2nd Parcel entered short at 0.7205
