Simplify-
Short

AUDUSD general picture - short

FX:AUDUSD   Australian Dollar / U.S. Dollar
This is how i will be looking audusd-0.19% for the mid term.
Since it looks like we break from a contracting triangle to the down side, i will be looking for sell setups in the mid term if price proves that this pattern is INVALID, and makes another kind of structure i will stay aside.
The idea is to look for some continuation pattern on a smaller timeframe (which i'll be posting) may be in this week, or next week.
Comment:

Possible points where this wave could end.
Agree!

+1 Reply
Simplify- Piet.Hein
Thank you Piet ! Did you manage to get in ?
+1 Reply
Piet.Hein Simplify-
No! As I was already shorting NZDUSD since 0.6835 (still holding this position) and these both pairs are correlated, I didnt get it, but if it give e second chance on a pullback I may take it :)
+1 Reply
Simplify- Piet.Hein
Same here ! Holding nzdusd, and waiting for a pullback here... Good luck !
+1 Reply
Piet.Hein Simplify-
thanks for you too!
+1 Reply
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