Dislikedso kenneth as regards to ur 5 min aud chart is it correct for me to say that as long as on 5 min we keep having higher highs and higher lows we can play long from demand levels we spot on the 5 min but when price will fail doing so and will start forming lower highs and lower lows can i start playing shorts w the attention that price is heading lower to the demand level i posted in my earlier post?(the one shown on the 4 hr30 min)
i hope im being clear and not confusing anybody. i really want to understand if im correct.
i wanna go long with the...Ignored
Yes , But when they start switching look at say the next time frame chart for their swing highs and lows as they will be the next hurdle to get past. Those levels should show up on the 5 min as well. but the 5 can have a lot of noise to confuse the issue. Nice to look higher for clearer levels.
Good Trading To All ; Ken Lee