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This is the weekly chart of the AUD/USD chart, and price has pulled back nicely to test the key resistance level. This is a crucial pattern on the weekly chart, and I feel that it is a good opportunity for a long-term short, so I have taken my first short position here.
I will continue to watch and monitor for more chances to add on shorts. I will elaborate more this evening during the sharing session. All are welcome to join :]
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Hi, Spencer here! 😀
After making my first million at 28, and trading & teaching across 60+ countries, I have consolidated my knowledge and experience to create the most comprehensive & practical guides for profitable trading, compiled from thousands of books, websites, courses, and interviews with professionals.
As a former professional trader in private equity and proprietary funds, I have over 15 years of market experience, and have been featured on more than 20 occasions in the media.
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