Skyper_Fresh

AUDUSD GOING UP B4 DOWN ON CONTINUATION

Long
OANDA:AUDUSD   Australian Dollar / U.S. Dollar
After the break of the ascending channel with bearish impulse momentum, Auzzie took a correction forming continuation flag pattern to go to the downside.
Inside the continuation flag, there's an Arc forming to show reversal, meaning before Auzzie go down it might probably go up to create another reversal arc(double top) inside the flag or outside the flagto re-test the highs of the ascending channel then go down.
So i say we looking for buys or Bullish movement before going down.
What do you think?
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.