Fxprotrader
Short

AUDUSD: Let's Try Make It Three Winners In a Row

FX:AUDUSD   Australian Dollar / U.S. Dollar
675 5 20
After two back to back winners in AUDUSD             (links on the chart), with price bouncing between parallels of a valid median line , we have another opportunity in AUDUSD             , as sell this time. I have now added a downsloping median line set into my analysis, only because the slope is pretty active and i have a better path to watch price moving in. We now see that price is being rejected at the upper parallel of the downsloping purple pitchfork at a level where it meets the lower parallelof the larger upsloping set. If price tests once more the current level i am goinh short with sl and tp as shown at the chart.
looks good
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Fxprotrader PRO AlexJaensson
Yes, it's going well..
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AlexJaensson Fxprotrader
If price makes a bullish move, will the original sell level still hold as resistance?
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and I see BEARISH BAT PATTERN AS A CONFIRMATION
+1 Reply
Fxprotrader PRO BuzinessHandlers
Thanks for sharing..
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