TradingView
NannePost
Nov 18, 2019 1:37 PM

Break out retest? Long

Australian Dollar/U.S. DollarFXCM

Description

Aussie rejected from (possible) pitchfork lower parallel, with confluence of 61.8% retracement of the month. Broke out of descending channel late on Friday, as of now it is testing this descending channel from the topside. Waiting for a reaction @ multiple slopes and 61.8% retracement of Friday trading range.

4-hour chart


15-Min Chart
More