AUDUSD Short

11 янв. 2017 г.

This pair has now reached the 0.618 fib retracmeent level + we have a double top. Seems like a good level to enter short.

Entry: market
Stop: 0.7391 (above current double top)
Breakeven: 0.7280
Target: 0.7070 (-27% fib retracement level or when USD is starting to correct...check USDOLLAR + DXY)

11 янв. 2017 г.

Заметка

If you want to trade it safer, you might want to wait for the breakout, then the pullback, then go short.

11 янв. 2017 г.

Заявка отменена

The top has been broken. Therefore, I won't consider this setup to be valid anymore.