AUDUSD - buy setup Long

Australian Dollar/U.S. DollarFXCM

Description

⋅ Oct 7, 2015 11:10 AM

We can enter a buy trade in the AUDUSD
if it corrects lower in two waves.

Target 1: 0.7280
Target 2: 0.7340
Stop Loss: Break and close below the
last low created before entering the trade

Comments

Jack4Rain

⋅ Oct 8, 2015 1:30 AM

I see a short and SL@The recent high 0.7238. since the struct started from Sep 4th is a parallelogram.