EverythingForex

UPDATE #3: AUDUSD:Crab says YES! FINALLY! TP1+2 Hit! (+194 pips)

FX:AUDUSD   Australian Dollar / U.S. Dollar
8
This is what it's like to have PATIENCE! 11 days ago, I posted about this bullish crab along with the AB=CD completion on the DAILY TF that led me to post this trade. it took 11 days of waiting and waiting and waiting but finally got rewarded! Bagged +194 pips on this one.

Again, I post this not just for my own posting/trading record but to teach a lesson on PATIENCE! Not every trade is bang-bang profits. Some are like watching grass grow.

Anyway, if you have this trade, take the profits. Remember, this pair is STILL in a VERY STRONG down trend and I am STILL VERY BEARISH on it. See my long term analysis I did on this pair a while back (see Related Ideas: "AUDUSD: Analysis, Bearish Crab & Why You Should be Looking DOWN" posted 26 days ago). I see some people here are saying this might be the long- awaited long-term reversal but I am NOT one of them! I'll post an updated analysis on this pair soon. Look for it!


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