AUDUSD have just bounced off the support last week on Thursday, follow be a retest on Friday. The big bull run up structure is still strong however the recent sharp downward movement signal us to be cautious. We are not in a triangle range, which can go either way, I am on a long trade currently but i prefer to be on the bearish side when price hits around ~0.8
Note
Triangle Broke, Stop Hit. Should have been nimble on this.
To give is to receive...
Like me on Facebook: facebook.com/FUsingapore/
Like me on Facebook: facebook.com/FUsingapore/
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.
To give is to receive...
Like me on Facebook: facebook.com/FUsingapore/
Like me on Facebook: facebook.com/FUsingapore/
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.