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NurlanAvazli
Jun 8, 2018 11:04 AM

Broken Multi-Year Trendline Implies The End of Aussie Bulls Short

Australian Dollar/U.S. DollarFXCM

Description

The same with previous analysis of GBPJPY. I am bearish on this pair, initial target is 0.72

Trade active

Trade active

Trade active

The comeback in dollar is ruthless, isn't it? I took some profits but still short on this pair. I will be waiting for below $0.72. I guess we will see it in 1-2 month.

Trade active

Trade active

I put my stop to the level I entered market. I see some weakness in DXY

Trade closed manually

With 150 pip profit.
Comments
kll
completed elliot wave ABC correction.likely congested downtrend
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