After taking profit from my last trade (previous post) we are looking at a 40 pip short. Go short now take profit when the market hits the lower green trendline. GOODLUCK ah neverminded you don't need any if you follow this analysis
Everyone who see's this post and follows my analysis will profit from AUD/USD. It's really not that complicated! All we have is two fairly strong trendlines. Currently the market is close to the lower and strongest line. I advise everyone to go long and set their stop just below the trendline when the market opens in 2 days. If for whatever reason the market...
All we have here is a triangle pattern, wait for a break and retest of the upper trend line to go long. Then take profit at the black dotted line. If we don't see a break, start to look for shorts back down to the main trend line.
Go short after trendline touch which will happen a few hours from now