AUDJPY [M5; 40]
AUDUSD [M5; 40]
Notice that the hourly trend has been only up for both pairs since the start of the trading window but with price pulling back to the DO line before heading on up again .... typical price behavior!
This should provide enough reason to take special care before shorting them down which is still my intent at this stage.
What I would like to see is price to keep rising up above the pivot and then for the bears to come on board and drag price down below the pivot!
Monitoring and waiting for the right opportunity to enter!
Masterrmind...........
AUDUSD [M5; 40]
Notice that the hourly trend has been only up for both pairs since the start of the trading window but with price pulling back to the DO line before heading on up again .... typical price behavior!
This should provide enough reason to take special care before shorting them down which is still my intent at this stage.
What I would like to see is price to keep rising up above the pivot and then for the bears to come on board and drag price down below the pivot!
Monitoring and waiting for the right opportunity to enter!
Masterrmind...........
Master your Mind then Master your Trades