Situation in AUD USD 1HR at end of 01.03.2019 SHORT Trenchannel
Here is the Renko Chart also in 1 HR where you can see my markers and lines
more clearly in the Short Channel.
To be LONG it must break out of that channel .
Dont try a long at that level if the pairs is not ! broke out Long
only cause of the support lines.
Such support levels can be broken easily and the trend , and that whats most
important: is SHORT at the moment.
If it brakes out of the channel we have to analyse the situation new and check whether
its going sideways or whether its a dynamik broke out and the pair maybe will startto have a long chance.
more clearly in the Short Channel.
To be LONG it must break out of that channel .
Dont try a long at that level if the pairs is not ! broke out Long
only cause of the support lines.
Such support levels can be broken easily and the trend , and that whats most
important: is SHORT at the moment.
If it brakes out of the channel we have to analyse the situation new and check whether
its going sideways or whether its a dynamik broke out and the pair maybe will startto have a long chance.