AU long to 75.000 then short to 73.xxx

AU is looking to long to 200ma, i think its going to get near 75.000 and then short down to my channel bottom (73.xxx).

last week price double bottomed back into week open range and closed up, but not over the open of the week, still think it is showing bullishness but over all i am looking to short AU, maybe in the coming weeks.

AU monthly is in a established channel, which alot of people would be watching to break, this week will be the end of the month, i feel like it will just keep ranging in the channel as AU usually likes to do.

AUDUSDCandlestick Analysischannel-reverseDouble Top or BottomParallel Channelrangetrading

Penafian