Here's a quick chart on AUD-USD 1 Hour Time Frame. We just broke out from a mild consolidation after a bounce of resistance level after yesterday's bullish rally.
we can see similar consolidation patter at the lower levels of the chart which gave rise to a bullish move. Following price action, the current patter we see should drive us way down to 0.71500 where we've got our Take Profit.
Share your thoughts and ideas in the comment section below, we can all learn from your ideas. And please don't forget to leave a like and follow for more outstanding updates.
we can see similar consolidation patter at the lower levels of the chart which gave rise to a bullish move. Following price action, the current patter we see should drive us way down to 0.71500 where we've got our Take Profit.
Share your thoughts and ideas in the comment section below, we can all learn from your ideas. And please don't forget to leave a like and follow for more outstanding updates.