I caught a nice trade here yesterday on AUD/NZD. Price had recently broken through resistance, and we saw a strong bullish break out move. As the bullish momentum slowed down, we saw bears come back into power and drove the price back down to resistance. At this pint, we need to look for 2 actions: - Either price will break through the resistance level and...
Dears, please, follow our instructions as mention on the chart. Good luck
Bearish symmetric pattern formed for a long term view
The reasoning behind this very important set of correlations!