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glennmercer
Jul 30, 2017 3:26 PM

AUDUSD Short: Watch for Bearishness Short

Australian Dollar/U.S. DollarFXCM

Description

Only bearish after breakout. Sell the continuation should one occur. It is what I am expecting next week. New highs will target the .5 fib level (solid line on chart).

Comment



Breakout complete! Sell the continuation. Don't be too hasty, wait for the right entry. Huge R/R is possible. Be conservative: If price becomes bullish, exit. Otherwise, ride it lower. Cheers!

Comment

Following anticipated price action absolutely precisely
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