AUDUSD 4H Sym Tri Forming

4H Sym Tri Forming. Follow trend direction of triangle breakout -> uptrend go long, downtrend short.

I believe from RSI indicator, price will likely break bottom triangle, on a downtrend and go lower.

Please no more Trump tweets. Remember your stops!!

Kommentera:

Candles did breakout higher once triangle finished over a few periods and dropped again, possibly on Trump related news.