Hi guy's, in this week's video I mentioned the continuation higher in AUDUSD to fulfill at least the minimum requirements. This has been done and our original buy's have been succesful. Next the rate decision is on the agenda.
In my video I also explained the difference between a continuation and an extension. The daily time frame does not show one unique wave to be over. This means; 'IF price moves lower as a result of the rate decision it is an extension lower on daily time frame and not a continuation'.
Safe trades!
In my video I also explained the difference between a continuation and an extension. The daily time frame does not show one unique wave to be over. This means; 'IF price moves lower as a result of the rate decision it is an extension lower on daily time frame and not a continuation'.
Safe trades!
