FX:AUDUSD   Australian Dollar / U.S. Dollar
154 8 3
Analysis on chart
Nick - You've really got this down already! Very well done!
+1 Reply
NickCoulby IvanLabrie
My only thing with a retrace that low is that further sustainable rallys would become unrealistic?
IvanLabrie NickCoulby
This is a more discretionary type of setup...the target is just ideal, but not necessarily viable.
Rgmov is telling it's better to long a retrace, than to fade a target hit.
NickCoulby IvanLabrie
Makes sense!
IvanLabrie IvanLabrie
+1 Reply
timwest IvanLabrie
Excellent longer-term analysis Ivan
+2 Reply
Should work well.
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