AUDUSD: BREAKOUT BULLISH DBW,FAKE BREAKOUT/BULLISH CONTINUATION?
Updated
Hello Enthusiast Forex Traders! Here's short-term outlook for AUDUSD , Please give us the thumbs up and support the channel by Smashing the FOLLOW button :)
AUDUSD is breaking out of the Descending Broadening Wedge Pattern. Breakout of descending broadening wedge pattern could indicates the possibility of bullish movement ahead. The momentum indicator already crossed above the zero area, it signify the potential upward movement to the target area.
The roadmap will be invalid after exceeding the support/target area.
DISCLAIMER:
This is only an outlook, not a recommedation to buy or sell the forex pairs.
AUDUSD is breaking out of the Descending Broadening Wedge Pattern. Breakout of descending broadening wedge pattern could indicates the possibility of bullish movement ahead. The momentum indicator already crossed above the zero area, it signify the potential upward movement to the target area.
The roadmap will be invalid after exceeding the support/target area.
DISCLAIMER:
This is only an outlook, not a recommedation to buy or sell the forex pairs.
Trade closed: stop reached
Invalid, Strong Rejection in Key Area.
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