Look at AU weekly chart, first red arrow a RRT and PA stall at red arrow, bearish engulf pattern. Now PA hitting the level again.. will it break or will she retrace?
If we go down to daily chart, PA lose the steam and it forming a doji. Can we short here, of course no. Doji mean indecision... bull nor bear. Therefore, we need to wait for Monday close before we make a decision. Cheers
If we go down to daily chart, PA lose the steam and it forming a doji. Can we short here, of course no. Doji mean indecision... bull nor bear. Therefore, we need to wait for Monday close before we make a decision. Cheers