Going retest neckline and will looking for breakout going higher. Neckline breakout will wait pull-back and looking long for long term holding position.
Longterm view bullish trend continue with head and shoulder pattern create. Will waiting breaking neckline to confirm to go long this strategy for midterm and longterm holding.
For long-term will looking go long after sideway range breakout and this bullish continue going long.
Support level been hold for while which is create wave 4 and now it start developing for long for wave 5.
At moment it create HL and nice react the support zone, if this hold will looking long for midterm or longterm strategy
Will waiting this retest ant level will continue going short and possible breakout previous support zone for further downtrend.
AUDUSD react the support level and bounce up retest, this possible continue breakout the support to go lower.
After breakout retest, downtrend continue going down midterm and long term.
Look likely channel breakout and this bearish flag going retest previous low, possible can breakout previous low and go lower
Wedge breakout, trend will looking continue going high.
Head and shoulder pattern will looking forward test the neckline if H&S valid will breakout lower test previous low.
Breakout neckline will looking for long test previous high resistance.
Breakout neckline will looking continue high test previous high resistance.
Try breakout neckline and this valid will looking test the previous low support.
Pullback bullish channel and this breakout bearish will continue breakout lower test previous low support.
Correction found support level will waiting breakout confirmation to go long.
At moment still pullback testing the support, will waiting breakout confirm to go long. Trend still in bullish trend, will looking for long after the correction trendline breakout.
More likely this downtrend breakout, bearish looking like over and will develop bullish new trend.