AUDUSD trading plan for week 51. Bearish market. SHort
Overall Downtrend on Weekly, Daily
AUD was weak against all currencies on week 50. I expect short position.
Weekly
Bearish hikakke formation of candles.
Closes below 4H SR and test levels = short till 0.71000
Daily
Continue my position which started on week 50
Closes below 4H SR
4H
Sellers market.
I do not recommend long till price reach 0.71000 level.
1H
You could add more in position now due to price near to SR and heading lower.
AUD was weak against all currencies on week 50. I expect short position.
Weekly
Bearish hikakke formation of candles.
Closes below 4H SR and test levels = short till 0.71000
Daily
Continue my position which started on week 50
Closes below 4H SR
4H
Sellers market.
I do not recommend long till price reach 0.71000 level.
1H
You could add more in position now due to price near to SR and heading lower.
awesome trade)
Good work