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Niedziela, 16 lutego 2014. AUDNZD M5, Price Action, failed failed trading range breakout. Just for educational purposes - I was looking for pattern which could be called failed failed trading rangewedge breakout. You can see many of them quite often. See this example, AUDNZD, M5. Bars 1-2 with many bearish tails. Bar 3 - breakout down of the trading range. Bar 4 - outside bar, now we have failed breakout. Bar 5 - strong bearish reversal, now we have failed failed breakout, and the market went down.CONTENT
This web page fibo-trader.blogspot.com states the following, "AUDNZD M5, Price Action, failed failed trading range breakout." We saw that the webpage said " Just for educational purposes - I was looking for pattern which could be called failed failed trading rangewedge breakout." It also said " You can see many of them quite often. See this example, AUDNZD, M5. Bars 1-2 with many bearish tails. Bar 3 - breakout down of the trading range. Bar 4 - outside bar, now we have failed breakout. Bar 5 - strong bearish reversal, now we have failed failed breakout, and the market went down."