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dwinfx
Aug 18, 2014 10:02 AM

AUDUSD Short  Short

Australian Dollar/U.S. DollarFXCM

Description

1. Strong Resistant
2. Bat Pattern
3. 0.382 Retracement
4. 1.27 Extension
5. Daily Downtrend
6. Small Butterfly
Comments
DennySantoso
Hi, dwinfx, I think 0.93738 is a better level for the X leg for the bat
dwinfx
hi Denny, thx for the advice.
it could be, but i prefer close and open than shadow, especially long shadow.
But i'm still in learning progress, it'll be a good advice for my learning. i appreciate it
DennySantoso
Yeah, i think if the long shadow is made from impulse buying because of a news event, i think you can skip that. But that decision is really a personal choice :)
dwinfx
i will note that, you are a Pro, i should keep your advice and learn it :)
Indonesia?
DennySantoso
I'm still learning as well. And yeah, I'm from Indonesia :)
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