ENDING DIAGONAL IN AUDUSD - 1H CHART

24 thg 2, 2017

Hey traders,

We have a nice ending diagonal which can turn into a great short position.

I think there's still a move up inside the structure however it could break soon.

No matter what it does, trade the breakout!

Carlos

24 thg 2, 2017

Ghi chú

Looks like it's consolidating on the lower trendline of the structure. I've placed an order just in case a breakout happens but by now it can still do the up move to the upper line.

2 thg 3, 2017

Ghi chú

Be ready for the breakout downtrend. There is still a chance to get a last move up but I think the market is going to break that last consolidation down.