RoseAguilar

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Last visit Joined 7 months ago
Markets Allocation
100 % forex
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AUDCAD 100% | 2
RoseAguilar RoseAguilar AUDCAD, 60, 6 months ago
AUDCAD: To confirm the previous AUDCAD chart using Inverse H&S
19 0 1
AUDCAD, 60
To confirm the previous AUDCAD chart using Inverse H&S

This is what happened "next" following my previous post earlier today: a formation on an INVERSE Head and Shoulders pattern. Clearly we see that after a downtrend, a middle head with 2 shoulders are formed. This may indicate again, an uptrend of this pair currency. I will choose a target TP at the same high as the Neckline to tip of the inverse Head (around ...

RoseAguilar RoseAguilar AUDCAD, 30, 6 months ago
AUDCAD: Simple to read. Bullish AUDCAD with the help of Falling wedge
30 2 4
AUDCAD, 30
Simple to read. Bullish AUDCAD with the help of Falling wedge

A short explanation for beginners willing to understand Trading using Wedge Patterns. After an eagle eye (which you will develop in time if you dedicate time and effort on Forex charts) you will be able to identify this pattern. Simply it has the shape of a WEDGE. In this example (AUDCAD), I identify a falling wedge, which, theoretically, it will lead to an ...

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