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Daniel.Dalo
Jul 20, 2014 12:07 AM

AUDUSD - 2618 trade setup Long

Australian Dollar/U.S. DollarFXCM

Description

I'm not quite sure if I missed this trade setup for a 2618 opportunity after the double bottom with divergence. Price missed the 61.8 retracement level for literally 1 pip and went straight up. As price already retraced from the last move to the upside, I'm not quite sure if it's a good idea to enter when it hits (IF it does) the 61.8 level.

Maybe if you have any thoughts on this particular setup, please comment, because I'm having serious doubts about taking this, I think I already missed it or on the other hand, maybe it's not valid anymore because it didn't touch the 61.8 level and it had a retracement from the last swing up.
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