UPDATE #1: TRADE: AUDUSD: BUY@0.69497 G-Zone Reversal + C Point

FX:AUDUSD   Australian Dollar / U.S. Dollar
1367 4 24
I now have 2 recently posted open trades on this pair and this update will serve both of those trades. I wanted to post an update on this trade as I have now finalized the C point of the POTENTIAL bat pattern and updated the wave count. Now the trade is underway and my minimum target for this trade is the cypher #2 completion at 0.73225. Good for +370 pips. I'll update this trade again only if needed if there is any change in my outlook.

Good luck!

Please keep in mind that I am not giving any trading signals or trade calls here. Only providing my own trade thoughts for your benefit and insight as to my trading technique and style. Please don't ask if you should or should not take the trade or ask for stop loss and take profit levels. Any SL or TP given on my trades are my own I have used for my trade and are not recommendations for you to use. If you are not sure, then you do not have a trading plan for yourself in place. I suggest you make one before you continue to do any trading!

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your C point agrees exactly with my method. in for it
Nice thank you for your effort. but i have a doubt would yellen speech possibly bring AUD down today? i know its silly but if you could confirm would be great.
EverythingForex srikanthrajjj
Not concerned about her speech. My analysis is based on what i see on the chart. Not fundamentals. If I am wrong. well. I am wrong. My stops are in to protect me.
+3 Reply
Got in on right time, Hope we continue our ride to the TP Level, Another Great setup, Thank you so much
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