ENDING DIAGONAL IN AUDUSD - 4H CHART
Updated
Hey guys,
Here's a perfect chance to make some pips on a short position.
5th wave extension turned into an ending diagonal.
I expect one more move up at least in the structure and then a brakeout downtrend until the support level aligned with the end of 4th wave.
Carlos
Here's a perfect chance to make some pips on a short position.
5th wave extension turned into an ending diagonal.
I expect one more move up at least in the structure and then a brakeout downtrend until the support level aligned with the end of 4th wave.
Carlos
Comment
It's done it, one up and one down, but no break. If you entered the trade from the top then put stoploss to brake evenComment
Finally a break, and it is making a flag, you can sell it again!Comment
Likely to go down but we are on brake even since today just in case.Comment
It is moving slow, probably cause we are having a Leading Diagonal, instead of an Ending Diagonal. We are on brake even so we aren't bothered about it; however, we start to have chances to get an up move, let's see what happens!
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