AUDUSD Short

Australian Dollar/U.S. DollarFXCM

Description

⋅ Dec 31, 2017 8:52 PM

Tweezer/double pinbars 4hour chart
Over bought 4 hour

Based on previous price action, a good stop loss placement is a few pips above 0.78350.
Entry as close to 0.78200 resistance.
TP 0.77400 or 2 times more than reward.

Wave Analysis AUDUSD