AUDSGD swing look for short continuation day traders wait n see

10 thg 7, 2018

Analysis for swing traders

Price action test > re-test of shadow zone confirms that it is resistance. Price action at resistance meets Bollinger Band overbought so there is confluence. Now for trigger which could look like

• /\/\ in line chart
  
• clear wash and rinse of shadow+bollinger upper band
  
• break below shadow zone
  
• break black dotted trend line
  

Analysis for day traders

Wait n see.