Dislikedim doing my analysis for this week and would like to share my thoughts and hear ur comments my friends.
as for the aud:
i believe price is heading towards supply 2 zone so i want to be ready with shorts in case it does happen.
but since we have about 100pips to get there i want to find a long setup.
im thinking if we get a pullback to the brkout area(resistence will turn support?)with a nice PB i might get my long setup-what do u guys think?will u join my plan or is there something im missing?...
edit:i would love to see a close above the reistence(purple...Ignored
Elliotrader,
You have a nice flag forming. Resistance at 1.0546 and you will notice the lows are getting higher and higher.
It has a good chance to break north and head towards your 'Supply 2'
Good luck
Luck is where preparation meets opportunity.......