JaceFX

AUDUSD contracting triangle

FX:AUDUSD   Dollar Australien/Dollar Américain
AUDUSD price break lower on 9th June and we able to spot bearish trade set ups and profiting around 200pips.

Price is now under contracting triangle

Currently, this pair didn't provide us any quality trade set up.

We can only wait for price to break either side of the contracting triangle and look for trade set ups.

Patience is the key to success in Trading.

Disclaimer
The content on this trade analysis is subject to change at any time without notice.
Any information provided here is only the personal opinion of the author.
This information is intended for educational purposes.
Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.