itaskar
Long

rectangle, possible wedge

FX:GBPAUD   British Pound/Australian Dollar
54 4 1
possible wedge , pennant
I like it that you've caught the trend very well, with some common slope. A you can see, price bounced off your dotted trend line - quite a common a occurrence - the third test of a trend line usually happens to make the trend continue. Now, as long as the lows hold the trend is up.
Reply
itaskar ForceFollower
probably bad projected rectangle, HAS available now, lets see rebound from neckline
snapshot
Reply
itaskar itaskar
rebound down i meant, 1st target rectangle base
Reply
Bearish as it seems to be, I think it might soon go up again. Why?
1. long-term up trend,
2. AUD relatively overbought,
3. an instance of a bullish price action (large candle down and large candle up).
But there's nothing 100% sure.
Reply
United States
United Kingdom
India
Deutschland
España
France
Việt Nam
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
Malaysia
日本
한국
简体
繁體
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing Support Priority Support Report Issue Ideas Published Followers Following Private Messages Chat Sign Out