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ProSignalsFx
Dec 17, 2020 3:21 PM

AUD_USD Curved Channel-Acceleration Before The Fall? Long

Australian Dollar/U.S. DollarFXCM

Description


Guys, its time for the unconventional charting
Todays exhibit is a curved rising channel
A pattern that indicates an acceleration of the movement
Which in turn indicates that the move is in its final stages
However, this final stage might be powerful
Thus, I expect AUD_USD to go higher
Before falling
Long!
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Comments
LionShiir
If the current candle closes lower than the previous one, expect the fall to be starting.. (:
SL = daily high :-)
ProSignalsFx
@LionShiir, yeah, I agree!
LionShiir
@MountainTraderFX, Indecisive candle... we might continue your curved channel :D
I'll be watching closely.. if current candle closes lower i consider it still a valid sell, if still indecisive or bullish expecting another leg up towards 77
ProSignalsFx
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