BOAFX
Short

AUDUSD SHORT (TRIANGLE BREAKOUT)

FX:AUDUSD   Australian Dollar/U.S. Dollar
Learn 2 trade like a pro for FREE! - http://boafx.com - The triangle formation on the 4 hour chart could cause a breakout in either direction and there are arguments for both, however as you can see from the red arrows on the chart I favour the downside by taking the price at the top trendline or a fake breakout. Fundamentaly the Aussie is weaker than the USD and is lloking like a possible rate cut on the back of the slow down in China. its biggest trading partner.
Comment: Holding trade for the NFP

Related Ideas

United States
United Kingdom
India
Deutschland
France
España
Italia
Polska
Türkiye
Россия
Brasil
Indonesia
Malaysia
Việt Nam
日本
한국
简体
繁體
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Priority Support Contact Support Ideas Published Followers Following Private Messages Chat Sign Out