AUDUSD. Long correction in a correction

Dec 29, 2016

AUDUSD reached an important support level which is, at the same time, placed at fork´s Median Line. Pair is now bouncing and I believe it will try to complete an eventual Cypher pattern which ends close to the fork Top Line.

I missed a run today so will open a long position now, SL: 0.71, TP: 0.76

Jan 2, 2017

Trade active

Added longs at today´s dip and plan to add more on tomorrow´s session

Jan 4, 2017

Note

All longs to breakeven. I close a long I opened 6 days ago with a very small profit. Have a total of 1.50 lots open which were opened at 0.719, 0.72 and 0.721

Jan 11, 2017

Note

Excellent day today for adding longs!

Jan 18, 2017

Note

Getting close to the target! It took 20 days and may take 2 or 3 more

Jan 28, 2017

Note

Stuck... just a little bit more!

Feb 2, 2017

Trade closed: target reached

Took more than a month to get here but it worth it. Looking for shorts now

Feb 2, 2017

Trade active

Shorting 0.7685

Feb 11, 2017

Note

Resisting to fall! This is what Carry-trade does: charts look strong but then suddenly everybody rushes into a same small door

Mar 1, 2017

Note

Finally going down. Added shorts

Mar 4, 2017

Note

Updated fork and Fibo targets