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Showing posts from August, 2017

Bullish Fakey Continuation

Aud/Usd which is seen in the chart below formed a well BULLISH FAKEY CONTINUATION PATTERN at 0.7834 level which stands as a major resistance. This major resistance level was broken to the upside few weeks  ago and  price letter re-trace back  to 0.7834 area which formed a well bullish fakey continuation pattern. As result of the described analysis, the Aud will see more bullish days ahead or in few weeks to come projecting 0.8323 level as price terget. Note: Technical analysis is an act form and less science. Price projection may fall short or over shoot above it's forecasted price. So personal or other technical tools should be imply as well for price projection.

About Chiejine Victor

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chiejine victor
Ojo, Lagos, Nigeria
Chiejine Victor founder of Financial Career Fx is a young full time forex trader (TREND ANALYST) He studies the market in daily basis. He set to define that Technical analysis is more important, an art form and less on science. The fundamental of victor’s approach to Technical analysis illustrate the existence of an inefficient market model (PRIMARY TREND)!!!!!!!!!!