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TradeHuntFx
Nov 30, 2016 10:53 AM

AUDUSD - Look to enter short Short

Australian Dollar/U.S. DollarFXCM

Description

This pair was put on our watchlist over the weekend and an entry oppurtunity is available. Double top has been formed at the 1.618 fib extensiion of previous ABC boundary, completing the ABCD corrective structure. The double top is also trading around the key level of 0.7500 which is paired with the 38.2 retracement level of the larger ABC boundary

Comment

20 pips in profit...move stop loss to break even

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cruising

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first target hit..
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