AUD/USD - WOLVERINE TAKING DAMAGE BUT PRIMED TO POUNCE 2
Looking to buy off bull TL set up from Sep'15
Bear - Double top 12/10/2015, 04/12/2015,
Bear - Head & Shoulders (~3 weeks) LSh 25/11/2015, Head 04/12/2015* RSh 10/12/2015, Neckline break 13/12/2015 ... potentially look to head back down to 0.7025
Bull - Long term bear TL eroded (05/09/2014, 14/05/2015, 12/10/2015)
Bull - Bullish set up from the low in Sep'15
Bear - Double top 12/10/2015, 04/12/2015,
Bear - Head & Shoulders (~3 weeks) LSh 25/11/2015, Head 04/12/2015* RSh 10/12/2015, Neckline break 13/12/2015 ... potentially look to head back down to 0.7025
Bull - Long term bear TL eroded (05/09/2014, 14/05/2015, 12/10/2015)
Bull - Bullish set up from the low in Sep'15
Comment:
Bullish TL broken with move sub 71c. Long trade invalidated.
