Hi guys,
Spotted a decending triangle pattern forming on the AUDUSD 1H TF, it looks like a nice short to me for the near term.
I will look to sell it to the most recent support, but ultimatly i feel AUD has more to achieve. A good idea will be to sell at the breakout of the triangle. Otherwise this trade is invalid.
Tomorrow there is FED decision news so lets see what they can do.
SL and TP levels are on the charts, good RR to me.
Thanks and best of luck tomorrow!
Spotted a decending triangle pattern forming on the AUDUSD 1H TF, it looks like a nice short to me for the near term.
I will look to sell it to the most recent support, but ultimatly i feel AUD has more to achieve. A good idea will be to sell at the breakout of the triangle. Otherwise this trade is invalid.
Tomorrow there is FED decision news so lets see what they can do.
SL and TP levels are on the charts, good RR to me.
Thanks and best of luck tomorrow!