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piphunters
May 3, 2016 6:24 AM

AUDUSD: 4hr sell setup Short

Australian Dollar/U.S. DollarFXCM

Description

The pair has broken down and it looks good now to sell any retracements to the upside.

IMPORTANT: The setups posted here are not trade calls and are intended for informative purpose only and you should use your own strategy to determine an entry. I am unable to post everything here on Trading View, if you would like to get all my setups together with exact entries and exits with please visit thepiphunter.com and subscribe.

Wish you good trading!
Comments
Jaca86
tradingview.com/chart/nMNMEMYe/ I m waiting for confirmation to go short.
PCTradeKop
Wedge...if breaks down and out then plenty of pips...
piphunters
it should break down, the larger AUD fundamentals don't support upside now
PCTradeKop
There is also larger wedge in day chart.
PCTradeKop
Agree. Same conclusion...
piphunters
thanks for your view
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