pablo82

Triangle pattern

Short
pablo82 Updated   
FX:AUDUSD   Australian Dollar / U.S. Dollar
8
Another nice opportunity to trade. Wait for a breakout and reach for target as on chart.

If breaks to downside you can try to keep it for longer as there is high chance it will reach magneta line and breaks through to at least 0.71700 level.
Keep in mid triangle patterns have high failure on lower timeframes however as structure shows good quality i think it is worth to trade it also might need to redraw as ufolds.

Good luck
Comment:
Comment:
Possible redraw.
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