SharkbaitAl
Short

Australian Dollar: 2618 Trade After Bearish AB=CD/Double Top

CME:6AM2017   AUSTRALIAN DOLLAR FUTURES (JUN 2017)
A bearish AB=CD pattern completed and seems to be respected with price making a double top . I just entered short @ 0.7459 (this chart is delayed but it is the current market price), which is the . 618 retracement of the drop since the double top . My stop is 0.7567. Wish me luck!
Comment:

I am currently up 1 pip on this trade. I have now found two more bearish set-ups on Australian Dollar Futures: a much larger bearish 2618, and a large bearish Bat.

I am deciding what I want to do about this, as this pattern is still valid but I do tend to give weight towards larger patterns. What would you do?
Trade closed manually: Closed the trade at 0.7546 in the hopes of entering in on one of the larger patterns. The first area I will watch is 0.7580 for the bearish 2618 set-up.
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