AUD/USD daily
4/3/13 breakline breakout(channel), confirms a Triangle continuation. MACD crossover Monthly level, Daily MACD bullish, RSI pattern brakeout. Weekly close , Important, above Channel(blue), confirmation.
Notes : AB leg points to large triangle target, AB=CD harmonic, IHS. 75 sma cross 200 triangle base. (Low probability bearish Cypher).
Targets :
0.94555, 0.95755, 0.97140 (AB=CD. double top, horizontal support(2008), 61.8% AB retracement, 100 sma Weekly), channel upper bound, diagonal channel BT. Wave 5.
Stop : 0.9300 . Under uptrend line and 50 sma.
4/3/13 breakline breakout(channel), confirms a Triangle continuation. MACD crossover Monthly level, Daily MACD bullish, RSI pattern brakeout. Weekly close , Important, above Channel(blue), confirmation.
Notes : AB leg points to large triangle target, AB=CD harmonic, IHS. 75 sma cross 200 triangle base. (Low probability bearish Cypher).
Targets :
0.94555, 0.95755, 0.97140 (AB=CD. double top, horizontal support(2008), 61.8% AB retracement, 100 sma Weekly), channel upper bound, diagonal channel BT. Wave 5.
Stop : 0.9300 . Under uptrend line and 50 sma.
