FX_IDC:AUDUSD   Australian Dollar / U.S. Dollar
714 23 35
Description on the chart :)
short ! look now the sick W
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I think audusd is a short,,,,do you still think?? ...or did you get out
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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 :)
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arif_awan Piet.Hein
i think it will go up coz of bullish divergence.
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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
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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:

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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.
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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 :)
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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 :)
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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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