NexusFi: Find Your Edge


Home Menu

 





is AUD forming a head and shoulders?


Discussion in Currencies

Updated
      Top Posters
    1. looks_one Quick Summary with 1 posts (0 thanks)
    2. looks_two ninjus with 1 posts (1 thanks)
    3. looks_3 trader14 with 1 posts (0 thanks)
    4. looks_4 johnEdweeno with 1 posts (0 thanks)
    1. trending_up 1,365 views
    2. thumb_up 1 thanks given
    3. group 3 followers
    1. forum 3 posts
    2. attach_file 1 attachments




 
Search this Thread

is AUD forming a head and shoulders?

  #1 (permalink)
 johnEdweeno 
brisbane queensland australia
 
Experience: None
Platform: multichart
Trading: currency futures
Posts: 58 since Oct 2018
Thanks Given: 0
Thanks Received: 5

Ignore the first two thirds of this chart


Started this thread Reply With Quote

Can you help answer these questions
from other members on NexusFi?
Quantum physics & Trading dynamics
The Elite Circle
What broker to use for trading palladium futures
Commodities
Better Renko Gaps
The Elite Circle
Cheap historycal L1 data for stocks
Stocks and ETFs
MC PL editor upgrade
MultiCharts
 
  #3 (permalink)
trader14
Denver, CO
 
Posts: 39 since Apr 2014
Thanks Given: 78
Thanks Received: 65


Hey John,

I'm kinda leaning to the upside. With market background (spring after upthrust, sos, from a trading range). So far demand is in control until my red line is breached. I believe this is a retest of the daily reaction bar 11/1. On retest they become support. A lack of supply in this area is preferred.

Hope this helps ya.

Trader 14

Reply With Quote
  #4 (permalink)
 
ninjus's Avatar
 ninjus 
Chiang Mai Thailand
 
Experience: Beginner
Platform: Seirra Chart
Broker: Stage5 + Denali
Trading: MNQ
Frequency: Many times daily
Duration: Minutes
Posts: 735 since Jun 2017
Thanks Given: 1,223
Thanks Received: 2,336

Potential H&S/Backup to the Edge of the Creek or HH to resolve harmonic rotation?



My 2c.


Marcus Aurelius
"Not to assume it's impossible because you find it hard. But to recognize that if it's humanly possible, you can do it too"

Follow me on Twitter Visit my NexusFi Trade Journal Reply With Quote
Thanked by:




Last Updated on November 11, 2018


© 2024 NexusFi™, s.a., All Rights Reserved.
Av Ricardo J. Alfaro, Century Tower, Panama City, Panama, Ph: +507 833-9432 (Panama and Intl), +1 888-312-3001 (USA and Canada)
All information is for educational use only and is not investment advice. There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
About Us - Contact Us - Site Rules, Acceptable Use, and Terms and Conditions - Privacy Policy - Downloads - Top
no new posts