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Pjorge89
Jan 24, 2016 12:14 AM

Bullish on Aussie Long

Australian Dollar/U.S. DollarFXCM

Description

Double bottom on the daily.
On the 4 hour i see a reverse head and shoulders forming due to the strong rejection of the double bottom with a strong bullish candles.
Expecting a right shoulder and then a retest of the neckline.
Break would lead us to a another test of the 73.75 level
Risk Reward 1:43
Comments
Pjorge89
:)
amit.fx
Hahaha
amit.fx
im also bearish
Piet.Hein
Nice analysis, good luck :) My view is different but every analysis is valid on forex, Im bearish on this pair.
Pjorge89
thank you
Piet.Hein
Congrats, your trade is very good at the moment!
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