AUDUSD 4H Sym Tri Forming
Updated
4H Sym Tri Forming. Follow trend direction of triangle breakout -> uptrend go long, downtrend short.
I believe from RSI indicator, price will likely break bottom triangle, on a downtrend and go lower.
Please no more Trump tweets. Remember your stops!!
I believe from RSI indicator, price will likely break bottom triangle, on a downtrend and go lower.
Please no more Trump tweets. Remember your stops!!
Note
Candles did breakout higher once triangle finished over a few periods and dropped again, possibly on Trump related news.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.