With the RBA Rate announcement timing tomorrow falling right within a bullish time cycle on H4 timeframe, we are bullish on AUDUSD. Trades will be taken after Price Action confirmation on H4 charts around news release hours.
2018-09-06 (UPDATE):
Though there was a bullish spike up from the rate announcement, price did not sustain long.
“The time factor and time periods are most important in determining a change in trend because time can over balance price, and when the time is up the volume of sales will increase and force prices higher or lower” - W.D. Gann
Monday, September 3, 2018
EURUSD: Weekly
View on EURUSD:
Weekly Time Cycle Turning Bullish In The Next 2-3 Weeks
Looking for pullbacks on Daily chart and buy on bullish price action.
Weekly Time Cycle Turning Bullish In The Next 2-3 Weeks
Looking for pullbacks on Daily chart and buy on bullish price action.
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