DislikedMy pure technical view: AB=CD and it's extensions {image} Invalid: in case of hurintg point 'C' -> than current AB=CD is invalidated Valid: If AB=CD is valid, than I'll post update about the lower extensions and possible resistances (new levels to short again) As always...time will tell.Ignored
Penetrating point C (due to good Aud data -> growing volumen + retailers start to buy again -> give opportunity for heavy sellers to get a bull pair for entry) is/was (?) a good opportunity to short again.
Dark aspect of forex: the australian retailers are going to sleep soon. The easy bears had been erased while bulls are growing....while in Europe the day just started couple of hours ago. A new daily high during EU time would generate buying also in EU time zone (Europe/Africa)...later maybe American continent either -> than the price can descend heavily -> retailers are trapped all around the world.
Time will tell.
f(z)=z2+c