Technical Daily Analysis

Discussion in 'Technical Analysis' started by FXStreet_Team, Apr 10, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
    Likes Received:
    April’s Pay Your Mortgage Trade Setup Idea This month's pay your mortgage trade setup is found in the AUDUSD pair. When looking at this pair on a 240 min chart you'll notice a head and shoulders pattern being printed. The “trend is your friend until it bends” and it is bending. The result should be 5 waves to the downside. The nice thing about this setup is that even if it still ranges there is 210 pips potential to the downside if it does not break out and trend. There are three sell entry

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