I initiated a short on AUDUSD on friday after the initial upside spike. The price has shown multiple rejection of long term falling trend line. Meanwhile, it is forming a rising wedge reversal pattern. I see big potential to the downside, but as usual, i have a quick short term target and a longer term one.
All my ideas are just my personal view. Trade Your own view.
Likes and comments are appreciated and would keep me going ..
If you a question or would like to talk you can SKYPE me at : Technician - The Forex Channel
Twitter: @thefxchannel
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"Forecasting and trading are two totally different things. They both have a totally different outcomes. Scammers can play on this point, but experienced trader can smell their stinky smell from a mile. Be aware"
My Regards,
Technician
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