Hey Spec,
My longer term outlook going by the ascending triangle is bullish and does seem to be and overall uptrend from the start of 2016.
I drew the blue trend line about a month ago and it seems to be respecting that one pretty well.
I haven't traded currency yet but would a basic trading strategy, going by my trend lines and the descending triangle be..
A short on the bottom side of the blue line and a long position on the top??
I was more confident with the 'short-time' short, then the long for just now.
Curious as to why you were long here, (longer or shorter term?)
Could you post a chart and or your ideas, I would be interested in hearing them.
Thanks mate
(edit - I see it has now broken through that blue line of support)
- Forums
- Forex
- AUDCAD
Hey Spec, My longer term outlook going by the ascending triangle...
-
- There are more pages in this discussion • 70 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add CAD (FOREX) to my watchlist
The Watchlist
TON
TRITON MINERALS LTD
Adrian Costello, Executive Director
Adrian Costello
Executive Director
Previous Video
Next Video
SPONSORED BY The Market Online