What a great trade that turned out to be.
The Trend/Wave/Extreme system strikes once again.
This trade earned 180 pips in less than half a day moving in a straight down line.
Read about the Trend/Wave/Extreme system here
Here is the initial trade suggestion as posted here .
AUDUSD (4-Hour) Sell
- A continuous down trend line
- A falling trendline acting as a resistance which keeps holding
- Trend (long term) indicators are pointing down
- Extreme indicators are pointing oversold
- The pair completed a 100 pips up move correction, hence the up move may be over