AUDUSD In a Triangle Pattern

Australian Dollar/U.S. DollarFXCM

Description

⋅ Jan 13, 2021 5:10 PM

A triangle pattern has been created and price is on the bullish trend line. IF the candle closed above the resistance level (0.77421), we can expect the triangle’s upside breakout and price grows around the marked levels in the future.

Comments

InkyGrip

⋅ Jan 14, 2021 9:55 AM

waiting for the breakout! perfect analysis!

Mahtab_Tradia

⋅ Jan 15, 2021 10:46 AM

@plancton0618 Thank you mate

FXCM

⋅ Jan 14, 2021 7:38 AM

thanks for sharing, this is my view on AUDUSD:

Mahtab_Tradia

⋅ Jan 15, 2021 10:47 AM

@FXCM Nice one, you nailed it! Thanks for sharing 😊🙏🏻

Jeams_stonis

⋅ Jan 14, 2021 7:37 AM

Good work.

Mahtab_Tradia

⋅ Jan 15, 2021 10:47 AM

@Jeams_stonis Thank you 😊

bozorgmehrjoon

⋅ Jan 13, 2021 5:23 PM

it is on the trend line in daily time frame and stochastic and AO shows a come back of trend to the bullish trend

Dave-FX-Hunter

⋅ Jan 14, 2021 7:26 PM

nicely broke up today

Mahtab_Tradia

⋅ Jan 15, 2021 10:44 AM

@DaweFXHunter 😊😎🙏🏻

Matthewsan

⋅ Jan 14, 2021 12:39 PM

exactly right. buying strength, very smart. trend change is likely around .79 and to be analyzed there, not here. good stuff