Stalking a short...
FOR
Copper is 4H down - just established 4h EMA as resistance
Oil is stable and set to go up (should just trade OIL?)
I don't believe AUD is going up more this week.
Below 1h and 4h ema
Is establishing EMAs and channel as resistance
AGAINST
Its a wicky mess
No convincing lower high
Bit a squeeze to get profit
PLAN OF ACTION
Await better price / indicator approval
Monitor currency groups on 1H
Expected entry 2-4 hours
AUD
CAD
FOR
Copper is 4H down - just established 4h EMA as resistance
Oil is stable and set to go up (should just trade OIL?)
I don't believe AUD is going up more this week.
Below 1h and 4h ema
Is establishing EMAs and channel as resistance
AGAINST
Its a wicky mess
No convincing lower high
Bit a squeeze to get profit
PLAN OF ACTION
Await better price / indicator approval
Monitor currency groups on 1H
Expected entry 2-4 hours
AUD
CAD
Note
COPPERNote
OILNote
Missed the move - that the 2nd this week in addition to 3 last week. I need to be more aggressive with my entries... I'm awaiting too much confirmation
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.