Hi All,
In my recent analysis (monthly analysis) I said that AUDUSD is gonna fall down because it had multiple rejection at fibo level. However, based on daily chart it is better to wait for the breakout and for a retest before entering any trade. But if you ask me it is most likely it will follow the larger timeframe movement. Remember, never trade when you hesitate. Only enter a trade when you are confident.
That's all.
Thank you for supporting me.
In my recent analysis (monthly analysis) I said that AUDUSD is gonna fall down because it had multiple rejection at fibo level. However, based on daily chart it is better to wait for the breakout and for a retest before entering any trade. But if you ask me it is most likely it will follow the larger timeframe movement. Remember, never trade when you hesitate. Only enter a trade when you are confident.
That's all.
Thank you for supporting me.