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tommyb35
Oct 6, 2016 11:14 PM

Short Position on AudJpy Short

Australian Dollar/Japanese YenFXCM

Description

Nice consolidation setup here on AudJpy. You got nice structure to the left, you have a ab=cd pattern with ratio confluence. And finally i got my entry signal at 14:00 (the candle marked by the blue arrow) with the double top on bearish divergence. There is also a gartley pattern in this mess, but since i missed the entry with a limit order, i had to build a seperate case for entry, and this is what i got. Have to wait see what happens.
Good luck and good trading!
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