TradingView
FXStrggl
Jun 24, 2016 7:57 AM

AUDUSD short Short

Australian Dollar/U.S. DollarFXCM

Description

Round numbers as support, impulsive move down initiates the new continuation of the old trend.
Risky stop loss is about 0.7515 ,
Pending order, sell limit a little below 0.75,
Target is a long-term 0.65~a little above.
Using fib, elliott, classic triangle, S&Resistance lvls;

Trade closed: stop reached

Sadly, not sharp enough entry. The overall direction still stands though
Comments
FXStrggl
there is a small triangle forming on 1min. If that breaks to the upside, it will reach my sell limit order.
However, if it pops down, and reaches 0.7375 I might enter short as is.
FXStrggl
Hourly view
More