On Trading View very standard stuff. AUDUSD has pushed up towards upper reaches of range, Divergence showing between price and Cumulative delta Volume Oscillators (one is simple BEAR BULL VOLUME….other is Elders BEAR BULL POWER), followed by strong sell off with HUGE bear candle on PPI news (or whatever the fk it was), forcing the Bull-Bear oscillators to switch bearish….conclusion. A short, aiming towards yesterdays low.
On MK Charts. What Bear or Dumb Money Long Volume? DM bears are in control. This means more upside is to come.
Lets just see how this plays out, and lets see what the MK charts have to say about the past few hours volume, when I check back after the London close.