Hello Traders, this is my chart analysis for AUDUSD weekly timeframe. downtrend start from: 2014-09-15 downtrend end to: 2015-08-24 consolidation start from: 2015-08-24 possible for consolidation end to: February or March 2017 note: If the candlestick will passed the line 0.78382 the possible result would be uptrend If not it will back for a consolidation for possible a new trend...
make your weekly timeframe as a based for your trading plan before to jump and analyze the lower timeframes.
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