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cyril.moore
Dec 6, 2015 6:26 PM

AUDUSD Short  Short

Australian Dollar/U.S. DollarFXCM

Description

After a possible false local resistance line breakout we can expect a pullback.
As we can see on the chart there already were a couple of pullbacks in this area before.
So, entry point is 0.7280.
Target 1 is 0.72095
Target 2 is ~0.7105

I would place stop at 0.73855

Comment

08/12/2015 We've reached target 1. Now we can fix 50% of the position and move the stop-loss little closer to 0.734

Trade closed manually

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