Analysis>>27.12<<>>AUD/USD<<:Price is accumulating strenght inside a congestion area in a triangle vortex on 4H and 1H chart.

 

Neutral al this time, price has to break 1,0152(Daily Pivot) for a Bearish continuation to 1,008(Weekly Pivot)and further to 0,994(Weekly S1).

 

Bullish Breakout of 1,016(Monthly Pivot) could rise to 1,0197(daily R2 Pivot), or even further to 1,02.Watch for the downtrendline on Daily chart which is acting as a strong resistence.

 

To Your Success,

Doctortyby

 

 

 

AUDUSD weekly 19iun2012

Ce parere aveti , saptamana asta va fi in sus AUD ?

Editat Iunie 3, 201312 ani de Apollo

Could you give us proper AC=CD pattern explanation, because even if I've been trading since 2009, it seems to me that any part of the chart could be drawn like you did.

 

Thank you in advance