Have you switched to a more bearish view or still bullish for now?
It's looking a bit oversold, but doesn't mean it has no more room to the downside first.
Where do you draw the line?
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DislikedIn my limited experience, aud can go up or down 400 or 500 pips without any (fibonacci) proper retractions.
In those rare instances, the necessary fibonacci-calculated retractions do take place but only on daily charts. Although I'm not saying that this move down will be retraction free - if it does occur, I do expect at least a 50% retraction from the 0.98 handle to 1.02Ignored
DislikedNoted, thx.
Does it need a retest of the broken TL in your experience? Or does aud in your experience don't care?Ignored
DislikedI think there's always a 50% chance of retest - regardless of the currency.Ignored
DislikedBearish flag?
Have you switched to a more bearish view or still bullish for now?
It's looking a bit oversold, but doesn't mean it has no more room to the downside first.
Where do you draw the line?Ignored
DislikedLet's just hope it bounces, because I can't short it here. I rather long again but I will just watch for now.
DaddyBear's short term bullish view would be nice than.Ignored
DislikedLet's see if it can be there first then see if you do sell into the strength.Ignored
DislikedLet's just hope it bounces, because I can't short it here. I rather long again but I will just watch for now.
DaddyBear's short term bullish view would be nice than.Ignored
DislikedLet's see if it can be there first then see if you do sell into the strength.Ignored
DislikedI don't really understand why you do not see broken TL for what it is - -
The technicals are all there - don't let emotions cloud your judgement. Once upon a time you shared my bearish bias - that bearish bias has an even greater merit now.Ignored