lag confirmed twice on AU, doubled down on my longs.. AU da rocket maaaaaaan
gg go for it, pa settled time for daily trend. i got to up the word count wtf
As you saw on my older AU post this is the spot it will bounce to a higher high ez pz
Short Till chop thru PA for a discount Long
Not much has to be explained here, refer to AU post for entries
As you can see for weeks the bears have been unable to push past support, expect the monthly pivot soon as DXY goes up to set a Monthly LH before attacking support again
As AU bulls are unable to create new highs since DXY monthly support is holding with each minor retrace the next step is for AU to create a monthly HL to support for another rally to resistance. The major uptrend is up but monthly pivots are hundreds of pips. as close to the base of the triangle for a short is ideal as the SL will be the closest.
Should net around 1k pips down and go up for about 4.5k pip profit