Remember in the beginning of April i was analyzing that AUD-USD will at least form 2 pieces of white candlestick on the major correction. And this analysis was valid throughout all the month of April. Now you can see the result yourself.
Previous Analysis: AUD-USD Technical Analysis (31 March 2009)
Here is the previous candlestick chart in the beginning of April 1, 2009
Below is the new chart with another white candlestick formation at the end of April 29, 2009.
Now you can think about how effective is this system, at least showing some accuracy over a month time.
forex strategy | forex forecast | forex signal | forex signals | forex scalping | BCOUSD | Gold | XAUUSD | Brent Crude Oil | technical analysis | historical data
Sequence of Analysis
1. Let the market stretch
2. Support / Resistance
3. Price Actions
4. MACD / Stochastic
5. Overbought / oversold - two long candle (hourly / 4H / Daily
2. Support / Resistance
3. Price Actions
4. MACD / Stochastic
5. Overbought / oversold - two long candle (hourly / 4H / Daily
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