AUD show a possible correction before to continue up!!!
Hello, in this updated, firstly, I canceled my long position, because in H1 timeframe, I found out a bearish rising wedge, this could be a correction of approximately 100 pips to pick down.
We hope a drop of the price before to continue up!!!
The latest analysis in Daily timeframe there is a 2 candlestick of indecision of the market, that could be a possible correction before to continue up!!! So, guys, I canceled my long position and closed up with a net loss of approximately of 4 pips. That is not bad, but is neccesary to follow what the market is trying to say us.
I think that in weekly could be a possible re-accumulation zone following this arrow structure because Australian Dollar is so run for the past days
So, a meesage for you good luck with your trades!!!
We hope a drop of the price before to continue up!!!
The latest analysis in Daily timeframe there is a 2 candlestick of indecision of the market, that could be a possible correction before to continue up!!! So, guys, I canceled my long position and closed up with a net loss of approximately of 4 pips. That is not bad, but is neccesary to follow what the market is trying to say us.
I think that in weekly could be a possible re-accumulation zone following this arrow structure because Australian Dollar is so run for the past days
So, a meesage for you good luck with your trades!!!
Order cancelled:
My prediciton was excellent ,the price never toutch and activated my sell order limit, but I have other oportunities in other Forex pars.