DislikedSo, I'm lookig at AUDYEN and thinking that the train may have been on the turntable? (I have never traded this pair)
We have hit the SR at 68.30ish and then bounced off, retraced back into the bounce and then put in a BUEB. I take it this would indicate the possibility of the train heading North again? Only issue is being in the 20/50 zone and the 20 is applying the pressure to the north.
I'm not touching this pair as it looks weak to me. The current action is completing a RH shoulder of a slanted looking H&S pattern. Monthly is currently a...Ignored
She is using previous R of 68.80, say 69.00, as support, but is up against the long down TL and the top at 73.50. Technically, she has just put in a HL so............
15 YEARS OF PASR ON FOREX FACTORY!