Hello Traders, this is my chart analysis for AUDUSD weekly timeframe.
downtrend start from:
2014-09-15
downtrend end to:
2015-08-24
consolidation start from:
2015-08-24
possible for consolidation end to:
February or March 2017
note:
If the candlestick will passed the line 0.78382 the possible result would be uptrend
If not it will back for a consolidation for possible a new trend...
make your weekly timeframe as a based for your trading plan before to jump and analyze the lower timeframes.
have a happy longer trade guys!!!
2-4-17
downtrend start from:
2014-09-15
downtrend end to:
2015-08-24
consolidation start from:
2015-08-24
possible for consolidation end to:
February or March 2017
note:
If the candlestick will passed the line 0.78382 the possible result would be uptrend
If not it will back for a consolidation for possible a new trend...
make your weekly timeframe as a based for your trading plan before to jump and analyze the lower timeframes.
have a happy longer trade guys!!!
2-4-17