AUDUSD is almost at the weekly down trend , I will be watching the structure on lower time frame for turning or continuation patterns. Personally I believe we will see one more down impulse.
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OK Guys it is now broken the up trend so let's see how far this goes!!
Man, what was that discussion?
I feel ashamed for EWChartist and myself for laughing at your misery in dealing with trolls and wannabe like him, Anil.
Marvin
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What? Haha. Have another look at the discussion mate!
thesmallerone
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Could you please tell me how either of the sides of the 'channel' are valid? The market has acknowledged these lines only twice which doesn't make them valid. I can't understand how you have as many followers as you do but you are not helping anyone by posting this.
ChimbOt
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MY 2 CENTS
QuileHills
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Good analysis. I got in too early on an AUDUSD short last night. The trend breakout I was seeing was much less established than my normal strategy would dictate I should trade but I did it anyway. Lesson learned. I'll continue to monitor and watch for this structure to form which is more in line with my strategy's rules.
ananora23
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Thanks Anil...once the lower time frame set up is defined, let's try to hold on to the down move f o r e v e r !!! lol lol
Adriese
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YES! LOL
anilmangal
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Yes!
Prome
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And this also looks like a retest of a monthly trend line:
Cazzie
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Yes Anil, one more down to .7385 on Daily then move up to
.7975 to tag the .382, then down move will continue.
I feel ashamed for EWChartist and myself for laughing at your misery in dealing with trolls and wannabe like him, Anil.