AW Aussie Dollar Analysis - Quick Breakdown of This Trade...
This video is a recap of the long trade setup that I alluded to a few days ago.
So far price action at the small degree points to higher prices over the coming week and beyond.
I will begin to focus on potential targets as we get confirmation with a strong break of .69 cents.
My stop at this point remains at .66283 until we get that confirmation and then it can be moved to .67104.
I like to highlight the level of detail you can drill down to at the smaller degree in order to build confidence in the trade.
I also point out potential issues with the identification of the wave structure in order to add credence.
See the previous related videos linked down below.
Remember to use Disciplined Money Management Principles to ensure longevity as a trader.
If you don't know the long term pattern shouldn't you be doing your research instead of just following the crowd?
Just remember: I am not a financial adviser; I suggest using this only as a guide. Always do your own research.
So far price action at the small degree points to higher prices over the coming week and beyond.
I will begin to focus on potential targets as we get confirmation with a strong break of .69 cents.
My stop at this point remains at .66283 until we get that confirmation and then it can be moved to .67104.
I like to highlight the level of detail you can drill down to at the smaller degree in order to build confidence in the trade.
I also point out potential issues with the identification of the wave structure in order to add credence.
See the previous related videos linked down below.
Remember to use Disciplined Money Management Principles to ensure longevity as a trader.
If you don't know the long term pattern shouldn't you be doing your research instead of just following the crowd?
Just remember: I am not a financial adviser; I suggest using this only as a guide. Always do your own research.
