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sf.funke
Feb 9, 2017 8:32 PM

AUD/USD short Short

Australian Dollar/U.S. DollarFXCM

Description

- Failed resistance breakout 3 times plus a resistance hit and a strong bearish bar (4h)
-Failed break out, resistance hit twice - looking for further down momentum (D)
- Resistance hit, possible move to the trend line then further bullish momentum due to the double bottom at a weekly support (W)

Possible short profit to the trend line, then looking for further bullish entry points for a long position.
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