Breakout was finsihing on D1 timeframe and price was on flat market condition within primary bullish trying to break 0.9303 resistance for bullish to be continuing.
Chinkou Span line of Ichimoku indicator is very close to historical price ready to cross it on any direction for good long term price movement. If the price will break 0.9294 resistance so we may see market rally up to the price reversal to primary bullish with secondary ranging.
It is the bullish on H4 with 0.9307 resistance to be crossed to be continuing.
D1 price will break 0.9303 resistance level on close so the bullish trend will be contimuing for D1.If not so EURUSD D1 price will be on correction with ranging price movement within primary bullish.
UPCOMING EVENTS (high/medium impacted news events which may be affected on AUDUSD price movement for this coming week)
2014-04-07 01:30 GMT (or 03:30 MQ MT5 time) | [AUD - ANZ Job Advertisements]
2014-04-07 19:00 GMT (or 21:00 MQ MT5 time) | [USD - Consumer Credit]
2014-04-08 01:30 GMT (or 03:30 MQ MT5 time) | [AUD - NAB Business Confidence]
2014-04-08 14:00 GMT (or 16:00 MQ MT5 time) | [USD - Job Openings]
2014-04-08 17:30 GMT (or 19:30 MQ MT5 time) | [USD - FOMC Member Speech]
2014-04-08 18:45 GMT (or 20:45 MQ MT5 time) | [USD - FOMC Member Speaks]
2014-04-09 00:30 GMT (or 02:30 MQ MT5 time) | [AUD - Westpac Consumer Sentiment]
2014-04-09 01:30 GMT (or 03:30 MQ MT5 time) | [AUD - Home Loans]
2014-04-09 18:00 GMT (or 20:00 MQ MT5 time) | [USD - FOMC Meeting Minutes]
2014-04-10 01:30 GMT (or 03:30 MQ MT5 time) | [AUD - Employment Change]
2014-04-10 02:00 GMT (or 04:00 MQ MT5 time) | [CNY - Trade Balance]
2014-04-10 18:00 GMT (or 20:00 MQ MT5 time) | [USD - Federal Budget Balance]
2014-04-11 01:30 GMT (or 03:30 MQ MT5 time) | [CNY - CPI]
2014-04-11 13:55 GMT (or 15:55 MQ MT5 time) | [USD - UoM Consumer Sentiment]
Please note : some US (and CNY) high/medium impacted news events (incl speeches) are also affected on AUDUSD price movement
SUMMARY : breakdown
TREND : reversal
Forum on trading, automated trading systems and testing trading strategies
newdigital, 2014.04.05 15:15
MetaTrader Trading Platform Screenshots
AUDUSD, D1, 2014.04.07
MetaQuotes Software Corp., MetaTrader 5, Demo
AUDUSD D1 : bearish AB=CD pattern
AUDUSD D1 : bearish Gartley
AUDUSD D1 : bullish retrecement (formed pattern)
AUDUSD D1 : bearish retracement forming
newdigital, 2014.04.05 18:18
AUDUSD Fundamentals (based on dailyfx article)
Good afternoon Newdigital:
Where I can find the indicators that you are using and the template.
I do not have the same image.
Thanks in advance. A hug. Hermo.
The indicators that I need and I need the template are contained in your image.
In this picture:
Thanks in advance A big hug. Hermo.