AUDUSD: Time at mode update
Updated
Ok, the correction seems complete, as many bright people pointed out.
Now I'll try to get an entry short here.
My last time at mode downtrend target has been reached ahead of time, which is typical behavior before a correction, so, the plan is to wait for said retracement to trigger a sell, probably by tomorrow morning, during the NY session.
Initial target is a retest of the lower mode in the daily chart.
Copper might correct now, so that should confirm my bias as well:
I'll post updates when entering the trade.
Now I'll try to get an entry short here.
My last time at mode downtrend target has been reached ahead of time, which is typical behavior before a correction, so, the plan is to wait for said retracement to trigger a sell, probably by tomorrow morning, during the NY session.
Initial target is a retest of the lower mode in the daily chart.
Copper might correct now, so that should confirm my bias as well:
I'll post updates when entering the trade.
Trade closed: target reached
🔒Want to dive deeper? Check out my paid services below🔒
ivanlabrie.substack.com/
ivanlabrie.substack.com/
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.