Weekly Forecast Aussie Swiss

There has been no need to adjust this chart from last week.
Price has moved exactly as predicted and it is currently at a decision point.

We will have to wait for more information before we can tell what is going to happen next.
It is easy to see that it will either bounce back into the channel or it will break out.

I am inclined toward the bounce and a short entry but there is no trade at the moment.

All weekly forecasts will be updated as they develop so remember to follow to receive them.

Always wait for an entry set up before risking your money.

This is not investment advice - it is purely for educational and discussion purposes.
Your Ideas, comments and questions welcome

Good luck Steve

Commentaire:

Price has broken the channel structure. It may be going long but be careful wait for the correct set up before entering.

Given the scale of the channel this move up is very small and could easily retreat back down.