AUDUSD congestion resolution

10 Ağu 2018

-6 Week Descending triangle (IMO, the most logical labelling of this pattern. Morphed from H&S continuation and could somewhat be defined as a horizontal range)
-50SMA has tracked above the upper boundary in a definitive manner Daily
-Bol band squeeze into expansion out of pattern boundary
-Measured move down toward 0.71846

Short as of last night, did not have my plan posted as was at the golf course
30 basis points of risk

10 Ağu 2018

Not

Short @ 0.73185
SL @ 0.73357
TP @ 0.7187

13 Ağu 2018

Not

Probaby could more aptly be defined as a symmetrical triangle

15 Ağu 2018

Not

Revised target based on measurement of triangle

15 Ağu 2018

Not

SL @ 0.7327
TP @ 0.71545

20 Ağu 2018

Not

Stop moved to fridays high