Before NFP 5: AUDUSD

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Traders,

Lets take a look this pair 's history.
It took 126 days for it to rise 786 pips in the first half of 2017.
And took 49 days to rise 631 pips from the end of 2017 to the beginning of 2018.
Then down down down with only small range pull-back.
If we could just hold 4 trades since May of 2017, buy and sell and buy again and sell again , then you can profit 2894 pips in 1 year.
But would you hold that long for a trade?

The answer is no.
But the truth is always follow what the weekly chart is showing to you. Thats a safe card to play well on forex trading.

Alright, this week is not finished yet. Seems like Aussis is getting support at 0.73. If this is possible for D of the harmonic pattern, we are looking for 200 -350 pips rise first. But this going to take weeks to finish not in one day.

Less is more!