anilmangal

AUDUSD still in the up trend

FX:AUDUSD   Australian Dollar/U.S. Dollar
10617 26 278
Hi Guys , the AUDUSD             is at the bottom of the up trend. Wait for a flag before any sell. It could still make another high based on the type of structure it's making.

Remember trading is forecasting , you first make a forecast as to the direction of the market then you take a trade in that direction , so if you can't forecast you can't trade.

Trade with care
Thank you for your support.
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YouTube: https://www.youtube.com/channel/UCmvABDWwbqRvh0QGAf-86_Q/videos
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Thank you so much for sharing your ideas Anil...one more follower..
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Looking good! Thanks Anil :)
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I agree, trading is a game of anticipation before participation...
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Anil, Another awesome analytical calculation.
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arshadd GungHoTrader
Nothing special just trend lines and flag.anyone draw such a structure
+3 Reply
arshadd arshadd
any one can draw such structure
+3 Reply
NOW "anyone" can draw such structure BECAUSE of Anil.

No good deed goes unpunished.
+2 Reply
Christian88 InsideMarket
It isn't just a trendline and structure. Anil doesn't include his analysis, which covers I believe 80% of his work. Elliot waves is HARD, and that's what he uses
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hi

how do u notice the flag ? sometimes it passes the line but go back in line again. how do u know for sure its a selltime? thx för answer
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arshadd janne0536
Watch the vedios of "wave trader" on YouTube u all get th idea..
+2 Reply
arshadd arshadd
Just by watching 2,3 video's u ll b able to guess
+2 Reply
janne0536 arshadd
thanks :D
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Just 2 or 3 videos to make money? Surely you are a superstar
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Thank you for your good insight, but would this be foolish to think?
What
+2 Reply
I've back tested Anil's work and found it ti be highly accurate. It takes thousand of hours to be consistently wrong or right, i wish it was as easy as drawing lines or watching video's. Worse still i could be drawing bats.
Anil is a genuine analyser and a major contributor to Trading View who deserves more credit in comparison to the negative souls on here.
+12 Reply
thanks!
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thank you very much anil.
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Nice work Anil...
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I may have drawn this wrong, but does this look like a breakout of a flag correction, or could it be part B of a larger correction?

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+2 Reply
Macncheese nxtleveltrader
It seems to me like a breakout.
+1 Reply
anilmangal PRO Macncheese
yes it just broke out after a small correction.
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nxtleveltrader anilmangal
Thankyou guys. Would an entry now be sensible enough with a stop above the correction? If not an entry after its broken the daily uptrend correction?
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AUDUSD SELL
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This pair may have more up before the down. Small area of resistance on the 4 hr but may also go up to create "X" wave
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Hello Anil, Could you please update this pair? It is relay interesting - I'm observing it quite long time and I'm waiting for the down move.
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looks like we now might have an entry here at the hourly, right?
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