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NQunlocked
Jul 30, 2014 9:10 PM

AUDNZD SHORT SETUP Short

Australian Dollar/New Zealand DollarFXCM

Description

Idea is based on median line analysis and Fibonacci ratio's. The rationale behind this technical setup is shown on the chart along with specific target and stop loss. Good luck
Comments
ForceFollower
I think there's going to be yet another leg up coming very soon. If it doesn't make new highs, your scenario is very likely to be activated. Both targets are fine.
NQunlocked
Eventually it could easily make new highs but i don't see it going faster than the pitchfork dictates...That's why the correction is imminent I think
Mazen_alhegili
Nice RR. I love it,
manijeh.kazemi.33
thanks for analysis
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