Xin

Asc Triangle to retracement?

FX:AUDUSD   Australian Dollar/U.S. Dollar
199 4 2
Watch this asc triangle pattern for an upside break tgt             drawn at price action resistance lines. Enter long on break.
Keep in mind any upside may be short lived so keep evaluate your tgt continuance carefully if we break long
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We're now at the daily S1 8874 (a little resistance/slow down may appear here) - the bottom of the asc triangle is now our asc line of support
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tgt 1 hit! Hope everyone got some of these pips so far - can either close all (if not confident of continuance) or close a portion move up your stop and go for tgt 2
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tgt2 hit! Fantastic - this is my close point for the brave you can go on to tgt3 but for me I'm happy with the 88892 close. Hope everyone got a bag of pips! :)
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