AUDUSD - Pullback Trade
30-minute chart;
MACD has crossed-over; there is a high-probability for the price to turn back down.
MACD-Histogram is printing red bars & looking rounded for a nice turn-over.
Heikin Ashi Candlesticks bullishness is turning weak/losing steam & looks topping-off for a rounded-top. (But a warning; there is no sign of more pronounced red-bearish Candlesticks formation yet...)
Note(s): I am not expecting price to drop much; I'm just expecting this to be just a temporary short-term pullback that's all. You can wait for more bearish red Candlesticks formation before entering this trade (or you can enter right now with just a smaller lot size 1st).
Best regards.
MACD has crossed-over; there is a high-probability for the price to turn back down.
MACD-Histogram is printing red bars & looking rounded for a nice turn-over.
Heikin Ashi Candlesticks bullishness is turning weak/losing steam & looks topping-off for a rounded-top. (But a warning; there is no sign of more pronounced red-bearish Candlesticks formation yet...)
Note(s): I am not expecting price to drop much; I'm just expecting this to be just a temporary short-term pullback that's all. You can wait for more bearish red Candlesticks formation before entering this trade (or you can enter right now with just a smaller lot size 1st).
Best regards.
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