**These are my opinions only, you shouldn't trade anything that is not in your plan. This trade can very well go against me. A little late sending this out, already up about 60 pips or so but I'd figure I share the methodology behind the trade. Its been a while since I posted anything so today I'd like to share today what (I) think might be a good shorting...
Thought I'd share what I'm looking for on this pair in the coming days, weeks. There's a broadening wedge forming thats right below a daily trend line. If PA breaks this trend line there might be a possible opportunity to get long. If price bounces off the trend then you can look for a shorting opportunity possibly back to the .70107 area (my support level). ...
Thought I'd share what I'll be looking for in the next few days. On the AUDUSD theres 2 potential advanced patterns both bearish. One a Cypher and the other a Gartley. What I like about this opportunity is that both patterns should complete around the same level (depending on what ratios you use). The previous Cypher that completed was a success and all 3 of...
After hitting target 1 of the previous Cypher pattern the price action still shows bearish. Will continue to see if price can hit target 2 from the Cypher. With that being said if it does hit target 2 that will be in the same area of the C leg for the potential Gartley and should reverse to the upside.