Hi Fxbrothers,
What can we see on AUDUSD?
-Head and shoulders in progress
-ascending triangle who is a bearish trend continuation ( correction in Daily)
- 61% fib retracement
- Bearish divergence
Result? Short Aussie !
TARGET : Previous Larger Quater Point
Trade safety, never risk more than 2% of your capital on ANY trade!!
MONEY MANADGEMENT + GOOD RISK REWARD (Minimum 2) is the KEY.