STATUS Confirmed
CURRENT CONFIDENCE = 61%
TARGET (EXIT) PRICE = 1.069810 AUD
BREAKOUT (ENTRY) PRICE = 1.067345 AUD
DISTANCE TO TARGET PRICE = 0.24% (25.9 pips)
EMERGED ON Jun 30, 09:00 PM (UTC)
CONFIRMED ON Jun 30, 11:01 PM (UTC)
WITH CONFIDENCE LEVEL = 72%
Once the price breaks out from the top pattern boundary, day traders and swing traders should trade with an...
AUD has been one of the the top 3 strongest currencies since early April but like all trends there is an ebb and flow. My AUD index has been trending nicely within a bullish channel and if it can hold this support line we could see another impulse. Ideally I want to see price close above the channel support line. If not we are at risk of invalidating the...
Buy - 1D/4H/1H
W bottom right on the daily support line, expecting the market to move to the uptrend. Might not breakthrough but there's a possibility, as to why I created two targets for this play.
Buy - 1D/4H/1H
Analysis:
Went from level 1 and made its move to level 2, preparing for its move to level 3. Now in a ascending flag, ready for it to boost through level 2 and make it to level 3. Long term trade, staying in it for a couple days/week.
