FX_IDC:AUDUSD   Australian Dollar / U.S. Dollar
714 23 35
Description on the chart :)
short ! look now the sick W
I think audusd is a short,,,,do you still think?? ...or did you get out
Piet.Hein tony12000
Still on trade, my stop is currently at .7256 Im expecting further downside to come if it breaks the rising trendline from January lows :)
arif_awan Piet.Hein
i think it will go up coz of bullish divergence.
I think higher prices are more likely (to at least retest the major trendline. Here's a chart of what I expect should happen. The blue lines are where it should go, and the purple shows the possibilities afterwards: https://dl.dropboxusercontent.com/u/98363503/TV%20-%20aud.usd-d1%20%20%20%28correction%20scenario%29.png
Piet.Hein kosai19
Yes, from this chart I also think higher prices are likely, actually this chart was just the analysis. nice chart, I absolutely agree with you. my entry was this one:

Nice analysis as usual. I'm wondering about your chart though. Price reached a low of ca .6825 (depends of course on your broker) on 15/1 & 20/1 so the lower TL of the middle channel is a bit off. Anyway I'll be looking for shorts too. Good luck.
Thanks mate :) Yes the data can change a bit from broker to broker, but the big picture is pretty much the same. good luck for you too :)
Very simple and powerful setup mate.. Well done..! I keep an eye for a consolidation before a sell off.. This move to the down has great potential and is about to start.. Keep the charts coming :)
Piet.Hein Fxprotrader
Thanks! Yes, Im waiting too, Im not on this trade yet. When and if (I hope so) price goes up and give a setup I will go short. Nice chart, I saw it earlier :)
+1 Reply
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