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geometricThinking
Nov 3, 2014 1:45 AM

short trade in audusd looms Short

Australian Dollar/U.S. DollarFXCM

Description

forecasting a move ~ .86 in next 16 hours or so
Comments
geometricThinking
For those interested in understanding the chart, I expected the red arc (3rd arc) would become the bottom, but ultimately the top of the square held as support....
geometricThinking
the low came in later than expecvted - took 23 hours, rather than 16... good trade just the same. I think it is time to look long from now.
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