AUDCAD Daily finding the TRUE support line!!

21 Eyl 2015

Sometimes the TRUE support line is hiding in plain view....We have nice confluence with a possible Double Bottom and a nice Action/Reaction Set....Early days yet....a good one to stalk around the lower parallel of the pitchfork. A good TP shorter term would be the next blue dotted parallel a break of that and off to the median line we go!!

Watching....:)

23 Ara 2015

Not

After taking out 95156 and again finding the "True" support "dotted white line" we got the crack we were looking for...next target @ Median Line / next white dotted line. nice explosive move.