AUD BEAR DEVELOPING

Australian Dollar/U.S. DollarFXCM

Description

⋅ May 8, 2016 7:17 PM

MONTHLY DOWN CHAN
WEEKLY UP CHAN
DAILY DOWN CHAN
ADX +/- > 18
ADX 21.8
OPTION 1:
FIND A LONG ENTRY IN LOWER TF
OPTION 2:
AFTER BREAK 0.5 FIND SHORT ENTRY IN LOWER TF WHEN RETRACEMENT

FROM ADX
OPTION 2 MUCH MORE REASONABLE

AUDUSD