Decision, Decision. $AUDUSD made its way to 1.03 at the last trading day of November. Looking at the chart, we are now at the decision point. No, I am not calling a short like a mad cow now. Let’s see how it goes.
Here is the….. CHART!!!

by Gav
Focus! Switch off your lousy music collection, and concerntrate on the chart. :LOL
Well, $AUDSGD, one of my favourite pair to watch. I see the completion of ABCD formation at the top of channel, and a little ribbon pattern forming while retesting the back of trend line.
Have a look at the chart, it is pretty obvious.
Here is the…. CHART!
I have been stalking a short of EURUSD. (Well, who doesn’t?). However, I prefer to see price pushing a little further before establishing short. Let’s see. As the chart shows, we have confluence of channel, hamornic pattern. And if you notice, it is retesting the previous trend lines.
OK, here is the….. CHART!!!!
by Gav 2 Comments