Example of a pair I am (patiently) watching: EURAUD

We might or might not get a trade opportuity here...
Maybe next week.

When you zoom out on the chart, you can see we have so much downside!

I would love to see a bull break, with signs of weakening/reversal in the form of RSI divergence which I really like.
I place my short orders, it fills them, then comes crashing down, and then I go long on the green line, join this strong uptrend.

Unless I am all in on something else at the time...


What I want to see is something like this:

Kommentar:

I am still waiting for more.