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dojitrader
Mar 17, 2014 7:44 PM

Almost A Shark ?? But Completes Into Strong Resistance  Short

Australian Dollar/Japanese YenFXCM

Description

The depth of A to B leg makes this a questionable Shark, I suppose, But,
it completes right into strong resistance on the 4hr/Daily chart.
{{famous last words:tradingview.com/v/BKtawqgQ/}}
And, the case has been made for a bullish trade up to the
98.00 area. So, if this gives way to the upside I'll switch
sides and look to go long on a retest of resistance now support.
Hoping, as always that the candlesticks will help with a more
precise entry and stops.
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