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    • wannabtrader replied Jan 9, 2014

      i see that, price does seem to be in a channel. the reason why i would think these higher highs/lows might be the turning point in the downtrend is because we are at the previously weekly low, if it were at 50% retrace of previous weekly low i ...

      AUD/USD
    • wannabtrader replied Jan 9, 2014

      it does look like it has a formed a down channel. ( on m30 at least) thats the thing with ranges, they can take the form of triangles flags etc. either way i think it still looks bearish after the break of a higher low, will see if it makes a lower ...

      USD/JPY Discussion
    • wannabtrader replied Jan 9, 2014

      well the reason i said maybe the h4 downtrend is turning is because of the higher highs and higher lows. a possible sign of the trend turning and also the fact that the weekly is at a previous low which is where price might move up. entering for a ...

      AUD/USD