audusd basing?, page-58

AU update showing the confluence of opinions so you can see the thought processes invloved.

The bullish sentiment that will hold longs is the silver/grey rising channel at the very least.

The previous green bearish wedge has given way to the blue bearish wedge. The current setup as at today is bullish into 9270 so it looks likely to break up from this. Try a long Monday if it gaps down.

A H&S would be form a top possibly using 9200 as a base. If not 9200 then definitely 9120.

Either way it looks bullish so if you are like me watching for turns, use your favoured turn point for entry. There is plenty of bullish support on any retrace for now.

AU 1hour - my last post on the AU, lesson learnt until next time. Time for bourbon.