Depending on how the price action plays out
I might buy at the pullback.
We have some nice confluence which
will support our long position at this area.
Technical reasons:
Triangle breakout
Going with the trend (Higher Highs, Higher Lows)
Ascending Channel
Fundamental reasons:
Australian Labor report beat expectations with
the unemployment rate printing at 5.9%
vs the expected 6.2%
I might buy at the pullback.
We have some nice confluence which
will support our long position at this area.
Technical reasons:
Triangle breakout
Going with the trend (Higher Highs, Higher Lows)
Ascending Channel
Fundamental reasons:
Australian Labor report beat expectations with
the unemployment rate printing at 5.9%
vs the expected 6.2%