Fxprotrader
Short

AUDUSD: Sell Setup Using Median Line Analysis

FX:AUDUSD   Australian Dollar/U.S. Dollar
1025 3 20
Price has reached a key level which seems it rejected. Stoploss and profit targets as shown at the chart. If price reaches the first tp, we should move stoploss to BE at second position.

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Good day sir!I thought you might find this interesting. Look at the longer term fork. Interestingly enough, the last time it bounced off the upper parallel was exactly two years ago today. Maybe a repeat in history? If so the wheels are about to fall off!!
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Very nice chart. I think it may press your stop before correcting but hope it doesn't. I will look at entering on the way out if everything stays the same. The 1 hr is looking like it needs a bit more.
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is this still valid?
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