ENDING DIAGONAL IN AUDUSD - 1H CHART
Diupdate
Hey traders,
We have a nice ending diagonal which can turn into a great short position.
I think there's still a move up inside the structure however it could break soon.
No matter what it does, trade the breakout!
Carlos
We have a nice ending diagonal which can turn into a great short position.
I think there's still a move up inside the structure however it could break soon.
No matter what it does, trade the breakout!
Carlos
Catatan
Looks like it's consolidating on the lower trendline of the structure. I've placed an order just in case a breakout happens but by now it can still do the up move to the upper line.Catatan
Be ready for the breakout downtrend. There is still a chance to get a last move up but I think the market is going to break that last consolidation down.
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