Johngicharu

Johngicharu

Hi guys, what are your opinions on what AUDUSD is doing on the weekly timeframe . So far, it has hit support four times with one time being a huge rejection. I'm thinking its currently consolidating for a huge buy and might break the upper trendline indicated. What do you guys think?

Johngicharu

Might have been a great trade entered earlier, but small a amount of pips isn't that bad.

Johngicharu

The market broke the trendline and is now retesting it. Look for a short with a very good return

Johngicharu

Has anyone else seen this formation?