anilmangal

AUDUSD IN A CORRECTIVE PATTERN

Short
FX:AUDUSD   Australian Dollar / U.S. Dollar
106
The Au has broken the daily consolidation and now retesting it in a corrective pattern. This is an abc where the c wave looks like an ending diagonal so if it is we will get one more up before the fall ,ALWAYS BETTER to wait for a wedge to break before you short it .

If you were in my webinar yesterday I SHOWED IN THE CHARTS why pin bars are dangerous to trade!
Today i will show why parallel trends prevents you from seeing the structure clearly!

Join me today in my one week FREE webinar. PM me for the code. OR SKYPE ME .( mangal457)

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