nvm

AUDUSD Completed Head and Shoulder pattern, long term channel up

FX:AUDUSD   Australian Dollar / U.S. Dollar
185 0 0
The HnS pattern is complete. Can it go lower? Absolutely! However, this is a CONFIRMED channel. So if it does go lower and touch the lower edge of the channel, prepare for long on confirmation. If it does hold, my speculation: Congestion into the late part of 2014 and then a breakout to the upper channel edge.

I am neutral until I see the bottom confirmed. Naturally, players today will be exiting short aud positions and going long. We can see a good 1 cent reaction from the current levels and range for 2-3 weeks.
English
English (UK)
English (IN)
Deutsch
Français
Español
Italiano
Polski
Türkçe
Русский
Português
Bahasa Indonesia
Bahasa Melayu
ภาษาไทย
Tiếng Việt
日本語
한국어
简体中文
繁體中文
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out