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AUDUSD Expanding Triangle Pattern Breakout

Short
Dollar Australien/Dollar Américain (SAXO:AUDUSD)  
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SAXO:AUDUSD   Dollar Australien/Dollar Américain
Trend Analysis Chart Patterns Wave Analysis audusdshort audusdforecast expandingtriangle breakouttrading breakouttrade daytrading daytradesignal audusdsignal audusdsetup
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trendanalysis chartpattern waveanalysis audusdshort audusdforecast expandingtriangle breakouttrading breakouttrade daytrading daytradesignal audusdsignal audusdsetup
We expect further downside on this pair, signalled by the formation of an expanding triangle pattern breakout. We can also see the breakout, close and retest of the price below the key level on lower time frames, further supporting our directional basis. The trend has changed from bullish to bearish.
Trade fermée: cible de profit atteinte:
Target was reached based on the analysis. Trade was closed based on our trading rules regarding overnight risk.
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