Price is still in a over all bearish market
with the RBA cash rate decision looming
around 12:30am on 6/6/23.
Currently price is retesting a
bearish flag pattern on the daily
and forming a DBL Top on the 4hr.
I am anticipating that the RBA
will not increase the rate thus a deep
move down will occur.
Imbalance on the daily around .64000
could be fill. Sell stop set
below neckline , stop loss above
peaks.
with the RBA cash rate decision looming
around 12:30am on 6/6/23.
Currently price is retesting a
bearish flag pattern on the daily
and forming a DBL Top on the 4hr.
I am anticipating that the RBA
will not increase the rate thus a deep
move down will occur.
Imbalance on the daily around .64000
could be fill. Sell stop set
below neckline , stop loss above
peaks.