Take note of triangle area for AUDUSD. I think most of you have followed my previous idea on a daily timeframe to long it and get a good profit. Let's check on a bigger picture as you will note the potential TP1 for our previous long trade. Be alarmed by the black resistance line, if it cannot be broke through, you can consider to short then.
Note
Pay attention to the black line plz.Note
Price has a big drop from the black line.Note
Not sure if anyone still remember this 2 month ago idea, u can click the play button to check its accuracy
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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.