Scratching around for ideas this morning . . . nothing blindingly obvious staring at me :(
AUDUSD is still in a down trend even though it's having an uptick these last couple of days. PRICE is targetting the 200SMA (green line) but there is plenty of resistance stacking in that area with the 38% FIB and the 5day AvDaRa at 80 points and finally the RESISTANCE from the left at a previous LOW (red dashed line).
I'm still a SELLER at this point so I have to wait and see if PRICE gets there and watch for signals whether to go SHORT once again.
EURGBP is the only other one I have my eye on at the moment with PRICE hitting the short term top channel on the 60m . . likewise I have a SHORT bias on that pair at the moment.
Nothing much to say today . . . I'm sidelined :( . . . Thanksgiving in the US tomorrow so whatever happens, I don't think it will be a game changer . . . maybe I should just take a day or two off as well until "business as usual" resumes.
AUDUSD is still in a down trend even though it's having an uptick these last couple of days. PRICE is targetting the 200SMA (green line) but there is plenty of resistance stacking in that area with the 38% FIB and the 5day AvDaRa at 80 points and finally the RESISTANCE from the left at a previous LOW (red dashed line).
I'm still a SELLER at this point so I have to wait and see if PRICE gets there and watch for signals whether to go SHORT once again.
EURGBP is the only other one I have my eye on at the moment with PRICE hitting the short term top channel on the 60m . . likewise I have a SHORT bias on that pair at the moment.
Nothing much to say today . . . I'm sidelined :( . . . Thanksgiving in the US tomorrow so whatever happens, I don't think it will be a game changer . . . maybe I should just take a day or two off as well until "business as usual" resumes.
