KingCobraFX
Long

AUDUSD retest of breakout

FX_IDC:AUDUSD   Australian Dollar/U.S. Dollar
25 0 0
1/20/2016
Currency Pair: AUDUSD            
Entry: BUY Stop @ 0.6934 for 3:1
SL: 0.6874
TP: 0.6931

Analysis: AUDUSD             has seem to
find support at the 0.69. Weekly is
forming bullish divergence and also
on 4h chart. 4hr chart has also formed
a double bottom

The Key Reversal setup for today
suggest that we go retest the breakout
of the symmetrical triangle.

*Note: 1/26/2016 Weekly formed piercing line
reversal pattern.
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