AUDUSD 4hr+ looks to be building a terminal impulse Long

Australian Dollar/U.S. DollarFXCM

Description

⋅ Jul 20, 2015 4:16 PM

Analysis on chart, if this higher TF continues to follow through with this diagonal pattern, be ready for a furious long to the upside in the near future.

Comments

jangseohee

⋅ Jul 20, 2015 4:34 PM

important

IvanLabrie

⋅ Jul 20, 2015 4:43 PM

Definitely an area of interest.

I see one more leg down after this move up Nick charted:

IvanLabrie

⋅ Jul 20, 2015 4:43 PM

Orange is more probable.

Nickmail

⋅ Jul 20, 2015 9:21 PM

agree

IvanLabrie

⋅ Jul 20, 2015 4:32 PM

Timing matches the big fundamental data release days this week.

Nickmail

⋅ Jul 20, 2015 4:17 PM

gyazo.com/439a9f1b9441437a1a57d5bbdce4fc96 could be