AUDUSD: Time at mode update
Ok, the correction seems complete, as many bright people pointed out.
Now I'll try to get an entry short here.
My last time at mode downtrend target has been reached ahead of time, which is typical behavior before a correction, so, the plan is to wait for said retracement to trigger a sell, probably by tomorrow morning, during the NY session.
Initial target is a retest of the lower mode in the daily chart.
Copper might correct now, so that should confirm my bias as well:
I'll post updates when entering the trade.
Now I'll try to get an entry short here.
My last time at mode downtrend target has been reached ahead of time, which is typical behavior before a correction, so, the plan is to wait for said retracement to trigger a sell, probably by tomorrow morning, during the NY session.
Initial target is a retest of the lower mode in the daily chart.
Trade stängt: målet nått
