TradingView
X5
Jan 20, 2016 4:14 PM

AUD/USD H1 still active short position Short

Australian Dollar/U.S. DollarFXCM

Description

Price advanced and invalidated the bullish ABCD that I previously saw; the short trade is still active and targeting 0.6791, in line with the H4 chart analysis. After that, probably a bearish 5-0 projection emerges and the price could get a little bit in range.

There are still good opportunities to get short trade.

Note. Blue lines correspond to H4 chart analysis (Bearish ABCD)
More