4 hour OB being approached and this is considered an instituional level where we can look for reversal confirmation to the downside .
-Overall Aussie Dollar is in a downtrend
- We will wait for a confirmation on the smaller time frame and see if levels are being respected
-Overall Aussie Dollar is in a downtrend
- We will wait for a confirmation on the smaller time frame and see if levels are being respected
Trade active:
The market retested on our AOI just a pip below our entry and still giving us a bearish structure .
-I am expecting momentum from Aussie dollar today and our Next Area of interest (AOI) is a retest at 0.64500 which is a quarter point and we can mark this zone as our sell levels of scaling in to the downside .
-I am expecting momentum from Aussie dollar today and our Next Area of interest (AOI) is a retest at 0.64500 which is a quarter point and we can mark this zone as our sell levels of scaling in to the downside .
Trade active:
Further continuation for a bearish momentum - my 2nd entry price is 0.64271 looking forward to this overall bearish movement to be completed
Trade active:
The market has retraced to my Area of interest - NY open
Looking to see if this will be a reversal zone throughout NY
- Keeping in mind Today is Monday open to new Week
The market has retraced to my Area of interest - NY open
Looking to see if this will be a reversal zone throughout NY
- Keeping in mind Today is Monday open to new Week
Order cancelled:
The market respected my main AOI and it is still forming a bearish structure . Anticipating a weak Aussie in the meantime i do not have any active positions
