AUDUSD, Breakout trendline on Daily ?!

Australian Dollar/U.S. DollarFXCM

Beschreibung

⋅ 26. Aug. 2018 23:29

D1:
- Structure: Downtrend
- However: Weakening
--> Waiting breakout trendline
( Prior analysis

)

⋅ 27. Aug. 2018 05:57

Kommentare

BoiMarco

⋅ 26. Aug. 2018 23:35

...isn't it too early to call it a breakout since the day hasn't even got to the middle? what if it's a bear trap???...

DatTong

⋅ 27. Aug. 2018 07:57

@BoiMarco, I didn't call it a breakout of support. It's possible a breakout of trendline which you should wait to see when price goes up.