Aqua_Trader

AUDUSD - EXPANDING OR RUNNING FLAT CORRECTION??

Aqua_Trader Cập nhật   
FX:AUDUSD   Đô la Úc/Đô la Mỹ
We can see that the pair is still in consolidation after the most recent impulse. Now I'm pretty confident in that we're looking into some sort of Flat correction. The question is which of all is it? Legs A and B have already been completed. We're now looking at leg C. For now what we can expect is a minor retracement (Also due to the fact that we have a completed ABCD PATTERN + BULLISH RSI DIVERGENCE) up to the level of resistance indicated on the chart. If it is a Running Flat correction then the pair could potentially breakthrough the downtrend line and carry on upwards from here. If it proves to be an Expanding Flat after all then we can expect it to go all the way down to the bottom of the green line. I apologize in advance if it's all too cluttered but I tried to render my trail of thought as clearly as possible.

Trade safe and implement your own due diligence before executing a trade.
Bình luận:
** correction - should say bullish stochastic divergence NOT RSI
Bình luận:
probably looking at an expanded flat after all
possible minor retracement expected before further downside
Bình luận:
correction over....ready for upside?
Thông báo miễn trừ trách nhiệm

Thông tin và ấn phẩm không có nghĩa là và không cấu thành, tài chính, đầu tư, kinh doanh, hoặc các loại lời khuyên hoặc khuyến nghị khác được cung cấp hoặc xác nhận bởi TradingView. Đọc thêm trong Điều khoản sử dụng.