As you can see the trade i put few days ago is wrong. price will not continue the trend, it didnt break the structure. price break the trend!
THIS IS WHY WE NEED TO WAIT FOR BREAK OUT OTHERWISE WE ARE GAMBLING AND IS BETTER AT THE CASINO
However. RSI is showing a really good divergence. So lets wait for the break of the structure to make a short!
Now we have more signals for short
1- break of the up trend
2-Divergence in the RSI
3-Corrective structure forming
THIS IS WHY WE NEED TO WAIT FOR BREAK OUT OTHERWISE WE ARE GAMBLING AND IS BETTER AT THE CASINO
However. RSI is showing a really good divergence. So lets wait for the break of the structure to make a short!
Now we have more signals for short
1- break of the up trend
2-Divergence in the RSI
3-Corrective structure forming
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AUDNZD SHORT
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