We just closed off AU200 with a small profit. At the moment, we are holding on to BCOUSD and AUDCAD.
We identified a bearish candlestick pattern to go short. In addition, immediate resistance is at FE161.8. Hence, we felt alright to go short. However, on daily chart, we identified bullish candlestick pattern. To play it safe, we closed off our position with a small profit.
We believe that price is still in 3rd wave. In view that there is a bearish candlestick pattern in addition to FE61.8 resistance, we are comfortable to go short and take profit close to FE100 level.
Price has broke above downward trend line. In addition, we can observe a bullish candlestick pattern. We are bullish and plan to take profit at recent high.
The future belongs to those who believe in the beauty of their dreams.