Attachment 4057Big picture aussie , looks like a triangle on daily,
this is what im hoping could be a ride for 800+ pips to the short side.
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Attachment 4057Big picture aussie , looks like a triangle on daily,
this is what im hoping could be a ride for 800+ pips to the short side.
the final wave higher did eventually materialise but with a more significant retrace than i anticipated , i kept the faith in the count and got another long position on .
the rsi has been a reasonable indicator of trend change when it has entered overbought and is currently hinting at an uptrend that may struggle higher from here .
target was 1.0480 which was touched but i will hang on for a little more then look for a short entry gl
+ 1200 pips
seems like a logical place to close longs , 3 failed attempts to break 1.0530 at channel resistance
closed for 1300+ pips at 1.0520
shorts on 1.0520 stops at 1.0560
i feel there may be more upside into 1.06 - 1.07 but time for a retracement and may be wrong and this could be the start of a more signifcant move south.
weekly looking bearishAttachment 4082
still holding short with 2 shorts on from 1.0570 and 1.0530 + 800 pips
target aroung 1.01 where i would expect some reaction , where is everyone?
Attachment 4110
Nice trades DA :t_up:
Hi DA sorry for the late reply but been busy with other stuff,just fired up some charts and see that EUR/USD has broken to the top side of my north bound channel on the daily and is now also above a fairly long term downtrend line I have.
Always have a look at what you post:),hope all going well.
Cheers
Miner
Just had a look,held obove my lines and up 300 odd pips :).