AUDUSD 4 h chart analysis: purple rose channel internal operation, a potential ABCD model waiting for validation,
of course, must break the red trend line pressure is likely to open up the space.
So, trade plan: 1. Waiting for a breakthrough at the top of the trend line after buying red, a target near D or purple passage near the trend line.
2. If, out of a complete ABCD model, consider seeking more sellers in D near the point of support.
3. If, broke the purple passage under the rail, so suggest waiting for sell, target near the AB section 786.
Good luck ,Guys, if you like the idea please put like button, this will be the best thanks.
Thank you for your support, I appreciate it.
of course, must break the red trend line pressure is likely to open up the space.
So, trade plan: 1. Waiting for a breakthrough at the top of the trend line after buying red, a target near D or purple passage near the trend line.
2. If, out of a complete ABCD model, consider seeking more sellers in D near the point of support.
3. If, broke the purple passage under the rail, so suggest waiting for sell, target near the AB section 786.
Good luck ,Guys, if you like the idea please put like button, this will be the best thanks.
Thank you for your support, I appreciate it.
