OVERVIEW
equal in:
weakness of AUD in:
strength of AUD in:
OVERALL FOCUS ON AUD: buy this currency
OVERALL FOCUS ON USD: sell this currency
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WEEKLY:
Target level reached, nice inital bullish reaction.
2h:
Target level reached, potential for correction. No active bearish structure and nothing for us to do here except for waiting.
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DECISIONS
risk vs. profit: (-- / - / 0 / + / ++):
For now we can only wait for either more bearish structure, which would yield some reentries, or for it to reach the whole correction level.
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Neither the analysis described here, nor my updates are financial advice and should not be treated as such. They merely represent my ideas by applying the system I learnt from Stefan Kassing and are my interpretation of the system with certain tweaks.
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equal in:
- EURAUD
weakness of AUD in:
- AUDCHF
- AUDJPY
- AUDNZD
- AUDUSD
strength of AUD in:
- AUDCAD
- GBPAUD
OVERALL FOCUS ON AUD: buy this currency
OVERALL FOCUS ON USD: sell this currency
*********************************************************************************************************************************************************************************
WEEKLY:
2h:
*********************************************************************************************************************************************************************************
DECISIONS
risk vs. profit: (-- / - / 0 / + / ++):
For now we can only wait for either more bearish structure, which would yield some reentries, or for it to reach the whole correction level.
****************************************************************************************************************************
Neither the analysis described here, nor my updates are financial advice and should not be treated as such. They merely represent my ideas by applying the system I learnt from Stefan Kassing and are my interpretation of the system with certain tweaks.
*********************************************************************************************************************************************************************************
