DislikedHiya guys!
Mike told me I should start looking more at Daily charts, so here it is. What do you think about the Daily AUDUSD.
Isn't the candle with the arrow to it a BEOB? Also the chart is making a divergence, what do you think?Ignored
Yep that is a beob and divergence.
My issues with why it would be a pass for me personally.
Inability to close below the BRN of 1.000 parity. Would make me nervous always trading a break into such a large round number. It's a rule I never break.
Also I would want to see the high, go above the highest point, really test what is up there and get a better view.
If both of those conditions were met it would be a trade for me.
Again just some of the little things I do personally
Best
Mike