Descending Triangle (Bullish Reversal Sign)
into Multi-Month Support Area.
A Reversal is expected to happen.
Good Risk Reward Ratio:
SL below 14.57 (-0.2%)
TP1: 14.8 (+1.3%)
TRADE OF THE MONTH FOR MAY 2020
Over the last 20 years, May has been the second worst month of the year for AUDUSD with an average drop of 1.5%, In April, AUDUSD has been on a meteoric rise based on hopes that the Chinese economy will fare better than the rest of the world. Since China is the main export destination for Australian products and Australia was...
FX_IDC:AUDMXN
Inside the great Falling Wedge is forming an additional Falling Wedge.
Should a breakout occur shortly, the conditions to follow a new trend could be verified.
Hi there. Price is forming a continuation pattern to the upside. Wait for the price to hit the bottom of the pattern and watch strong price action for buy.
Massive weekly Bat pattern going
wait and see, maybe a double bottom and retracement for more up (cup and handle)
Interesting pair to follow
trade you plan
