PMON/USDTPMON is in a cup and handle pattern,
Its now consolidating tightly in a triangle that has 2 days left before it has to make a move.
RSI might be able to telegraph a breakout.
Consolidatingprice
AUDUSD in a Wider View (an update idea)Today I have three setup for AUDUSD updated price.
We are still in an UP TREND moving of Mr. Price, and only one step more to arrive in STRONG RESISTANCE AREA. So Mr Price could keep his moving up and down.
How about BUY NOW..?
Of course we can..! But it is not my rules; never buying/selling which is not in a high probability area.
I have two plans, bro..
First.
SELL LIMIT area 1, and SL at 0.68520 (I will place with small lots).
Second.
SELL LIMIT area 2, and SL at 0.70500.
TP at 0.66070
Lets we see where MR PRICE will going to..
Thank you.
New Yorkarto City