What's Next for Aussie?

i did not say i don't like it ... btw the double top rule of relative strength works but you don't see it in AUDUSD chart...but i see it.

Wrong again.

Why not stick with what you know and leave others to their preferred analysis of choice. If you dont like or agree with what Ashraf does with his tech analysis then go elsewhere. Some of the things you say reveal ignorance.

And yes I been using currency strength guages also.

Chloe, for me the break below left arm pit at 9650 messed the pattern. At that point it should have carried on down to make H&S target or at least make 9500. It reversed at 9536 leaving a very lopsided pattern to continue calling it an H&S still in progress and the fact that the move didnt even make 100% symmetry from the 22nd Nov high was potentially bullish for the reversal back up. Since then we get bogged down in low holiday volume.

As far as Ashraf commentary, I got the impression he is open minded awaiting a clear breach of potential double left shoulder being reproduced for right shoulder or else not exceeding a ClOSE above the parity left shoulder level. In other words if price fails right here and reverses back down he will say it completed a double right shoulder (or triple right shoulder). When things get this messy I forget about H&S pattern and rely on other signals :-)

i guess i need to give myself more time in the markets to learn more an build up my confidence.i do have pretty good sence on when i should or shouldn;t be in a trade just ignore that lil voice sometimes lol..an then i stick with the trade cause i don;t hear from ashraf on direction but i guess his direction is the same an he doesn;t change his mind until the h&s pattern is invalidated so i guess we should be hearing from him soon lol..1thing about what u said, when the aud started to fail(parady) an fell back below 9900 level u would like to see a solid push towards ashraf tp of 9750,an once that didn;t happen that was ur sign that aud was heading back up?thanks:)