If price do not break the major resistance trend line (red) on 1Day chart, there is Short opportunity between the triangle. If price break the support trend line (green), we can look for lower TP.
TP1 0,7550
TP2 0,7455
TP1 0,7550
TP2 0,7455
Comment:
Shorted from 0,7650. Yesterday AUD/USD break the 0,7600 and settle down between 0,7585-0,7567, which can be seen on lower time frame. I am expecting more side-way movement and pull back to 0,7600 before further downtrend. So consider to take some profit.
Comment:
Sideway trend
Comment:
TP1 0,7550 reached.
Watch the support trend line (green). Pullback can be expected.
Watch the support trend line (green). Pullback can be expected.
Comment:
AUD/USD is breaking the support trend line. Let´s see how the body of the candlestick close on daily chart.
+140 pips in profit now.
+140 pips in profit now.
Comment:
Possible additional entry after double top formation.
Comment:
Finally breaking down ?
Comment:
TP2: 0,7455 has been reached!
Price heading to 0,7180 (next TP)
Price heading to 0,7180 (next TP)
Trade closed: target reached:
TP 0,7180 reached.
