Good evening traders,

Aussie could be forming a Wolfe pattern, with bullish implications for the pair.

We need to break the downside trendline to confirm the scenario

6 Trading Rules :

1. Never add to a losing position .
2. Don´t be the first to buy low and sell high ., and don´t be the last one to exit
3. Think like a fundamentalist, trade like a technician .
4. Keep your analysis simple
5. Start small and increase exposure when trend is confirming your analysis
6. The hard trade is the right trade

Regards

Technical IndicatorsTrend AnalysisWave Analysis

Josep Pocalles
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