Wild trade
Actualizado
Massive inverted HS building up to break out the triangle. Aussie is correlated to Gold, and the US Dollar will suffer from the monetary policies of the FED.
This trade is not for everyone. If you are a day trader probably it will be frustrating for you. It could take months to play out.
Open a long position and add at every pull back. We will have a fight at the upper vertex of the triangle. The SL triggers if the inverted HS pattern is busted in the weekly timeframe. Give it time. In Forex you only need a few trades a year to make great profits but patient is needed.
This trade is not for everyone. If you are a day trader probably it will be frustrating for you. It could take months to play out.
Open a long position and add at every pull back. We will have a fight at the upper vertex of the triangle. The SL triggers if the inverted HS pattern is busted in the weekly timeframe. Give it time. In Forex you only need a few trades a year to make great profits but patient is needed.
Nota
Added over the monthly support. This is a marathon, I'm holding this for months:Nota
The expected TP are shown here (purple lines) but it could vary depending on price action:Nota
It's going to be massive. May pull back at any time just to catch some breath before it explodes:Nota
It hit a resistance zone it will take some time to break it. I just opened a long in USD/CAD to hedge mi positions:Nota
Breaking out!!!Nota
Nota
Still holding and this is just starting. Is the same pattern that Gold did before break out:Nota
Bullish flag?Nota
Is doing it!!:
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