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Here is another week of AUDUSD trading:
Big Boss - As per last week, inside candle, red candle.
Boss - last week we have rejection of a minor SR, the candle is the opposite that of previous week (a bond hammer), red candle, a major tug of war between buyers and sellers, a pause before possible change of trend - soft signals are appearing there but not anything solid as a close under a 0.8900 - so there is still up trend here....Ignored
1. For - trend traders - wait for PA to show a way, similarly as last week, no opportunity. PA need to close above 0.9300 before doing anything.
PASR is for EVERYONE not just trendy traders!
2. For - against trend traders -enter a trade after a close below 0.9000 towards 0.8800 and then 0.8500
WHY? This is NOT even a good counter trend trade!
Signs of possible trend change on this pair. I am waiting for PA confirmation on the above entries.
What are the signs that you see? Are you looking for something you want to happen?
Ask Dr. Joe if he SEES Signs of possible trend change
STAY and KEEP on The Path, Jideck!
15 YEARS OF PASR ON FOREX FACTORY!