CLOSED TRADE: BUY@.72567 AUDUSD: TRIANGLE COMPLETION -25 pips

My apologies to all my readers. I have been absent for the past few days due to my moving from China to the USA. So I did not have access to the internet to be able to update anything here though I have been monitoring and sending out trade advice to my clients.

So I am now posting this CLOSED TRADE update to this trade now although the SL was triggered a few days ago. Anyway, the SL was hit on this trade for a -25 pips. Prices did not move to complete the triangle and Wolfe Wave before making it's move down. So my bid to capture a few pips to the upside failed. In retrospect, I had been anticipating a move down as per my SHORT trade that is still active (see Related Ideas: "UPDATE #1: TRADE: AUDUSD: SELL@.73260 2 Possible Triangles") so this trade was somewhat suspect from the beginning. Instead of attempting to capture a few pips on a bounce that didn't happen, I should've been looking for a place to go SHORT again.

In any case, I'll be looking for more downside to go in this pair.