99nines
Long

AUD coming weeks, months....

FX:AUDUSD   Australian Dollar / U.S. Dollar
215 2 1
Expecting a price just shy of 1 dollar on this pair over the next few months... Go Bulls!
Can you elaborate on the arcs? Are they moving averages?
Reply
99nines FaultyKid
Sure, the arcs are based on a geometry algorithm I run. They dont use moving averages only geometry on a properly scaled chart, these arcs represent areas of accelerated moves (support and/or resistance) in this case it turns out this ARC I believed would be bullish was bearish and price dropped, see latest update on when I see the next buying opportunity is (should be a big one)..
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