JaredJJohnson

Big level here, 200-300 pips

Short
FX:AUDUSD   Australian Dollar / U.S. Dollar
On longer term time frames we can see that this is likely turning into an inverse head and shoulders, it's time to make that right shoulder, I want to sell that trend line break for the move into 7300 area which would make a good right shoulder.

The entry ideal situation is this:

sell trend line break

stops above the highs

target 1st missed weekly pivot/7300 area in extension

Jared Johnson
Union Hedge Funds
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