TerryHarmonicTrading

AUDUSD - No short unless it breaks this trendline

FX:AUDUSD   Australian Dollar/U.S. Dollar
Hey guys, just wanna do an update on my AUDUSD             analysis last week.

USD is still very weak.

No shorting on this shark pattern unless it breaks this significant trend line support.

Be patient :)
Trade closed manually: Went in at 0.7640 after the trendline broke.

Hit tp at 0.7530 nicely. +90pips
Nicely spotted and Very accurate shark pattern with accurate target, either shark's 0.88% (0.76880) is turning down point or 1.13% (0.77200). I am placing Sell order at 0.77000 with 0.77700 SL).
Reply
thanks man, nice profits to close the week. Where are you from?
Reply
Njvest TerryHarmonicTrading
yh it gave us nice profit as expected :), I live in London (UK), what about u? Thanks for sharing ur views
Reply
Great to make friends in here. I am from Singapore. Let's share ideas and help one another out in here. I love tradingview.
Reply
Njvest TerryHarmonicTrading
I agree, tradingview is great place to make friends and exchange ideas to improve trading skills.
Reply
followed you :)
Reply
If thats the case, shouldn't your order entry be below the tl
Reply
Thanks for the reply, I forgot to adjust it. Was predicting the turn before it reaches that zone. However execution for me requires a few other confirmation before entering.
Reply
ddp922 TerryHarmonicTrading
Yeah its in an interesting spot, Ive already shorted with a stop at 7722,

snapshot
Reply
I hope you survived your short. It broke the tl i drew, but I will only short on retracement to nice resistance levels. Took a 5-0 long on usdcad instead.
Reply
United States
United Kingdom
India
Deutschland
España
France
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
Malaysia
日本
한국
中国
Home Stock Screener Forex Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing Priority Support Ideas Published Followers Following Private Messages Chat Sign Out