AUD/USD is Nearly to give a breakout after the trend line is broken
AUDUSD is trading in an ascending wedge chart patern.IT looks the prices have retraced from the upper trendline and so a sell call can be made for profits via short selling
Trading suggestion: . There is still a possibility of temporary retracement to suggested resistance line (0.7195). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . AUDUSD is in a range bound and the beginning of downtrend is expected. . The price is below the 21-Day WEMA which acts as a...
Forecasting a bear flag formation inorder to enter short. Please note Trade like the banks and financial institutions. Do not aim for silly 20-30pips instead look for 90-100 pips and above. Dont depend on Support/resistance lines because any line you draw with closed eyes will be a support/resistance in the past! Dont depend on lagging indicators. Simplicity is...
Trading suggestion: ". There is still a possibility of temporary retracement to suggested resistance line (0.7190). if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . AUDUSD is in a range bound and the beginning of downtrend is expected. . The price is above the 21-Day WEMA which acts as a...
AUD/USD SELL - 0.7184 TP - 0.7084 SL - 0.7244
the targets and sl improved on the chart
FOLLOW FOR MORE SIGNAL . BE CAREFULL IN TPS