Mulai
Pound Inggris / Dollar Australia
Pembelian

More Buying?

Oleh Balazs
Diupdate
Bought this pair last week and reached what was our established target, will it go more? We'll see after consolidation...
Catatan
Just keeps going more and more, how high can we go?

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Catatan
A potential "cup with handle" or "ascending scallop" pattern is developing. More confirmation for more buying.
Catatan
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Catatan
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Catatan
Likely the final update for this trade. But it's always nice to look back on a trade and see what went right and what perhaps went wrong as well with our analysis. We had a big ride up definitely and then had some reason for losing confidence continuing up. Surely eventually we noticed some reversal patterns and divergence, then saw a reversal in trend easily reaching 2618 targets (about 600 pips) if you did the double top.

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Balazs

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