AUDUSD congestion resolution

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-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

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ملاحظة

Short @ 0.73185
SL @ 0.73357
TP @ 0.7187

١٣ أغسطس ٢٠١٨

ملاحظة

Probaby could more aptly be defined as a symmetrical triangle

١٥ أغسطس ٢٠١٨

ملاحظة

Revised target based on measurement of triangle

١٥ أغسطس ٢٠١٨

ملاحظة

SL @ 0.7327
TP @ 0.71545

٢٠ أغسطس ٢٠١٨

ملاحظة

Stop moved to fridays high