Trading_Jazz
Short

(D) Double top // Broken Neck // Support // 61.8% retrace // ®

FX:AUDUSD   Australian Dollar/U.S. Dollar
FX:AUDUSD            

As published before, we have a double top, followed by a broken neck, found support @0.68261$, 61.8% retracement, (zone) - This forges a 2618 bearish trade setup; (check link below)
We have structure, an ascending wedge, wait the eventual breakout, the correction of that impulse, eventually it will test previous trend line acting as support (resistance after the breakout), search for divergence, sell it...
(until this moment the price still respecting the structure, i'm following this pair in lower time frames);

Safe Trades;
https://open.spotify.com/track/3pzq022rlhVIAMT5mKHrL9
Training Sessions:
Mentor @ http://www.uvesty.com/mentorings/34-andre-pinto-cardoso

Educational Videos: https://youtu.be/0adc-hwvmQM

(for 1-1 mentorship - just whisper me at Skype Trading Jazz)
arif_awan
10 months ago
great chart. don't think will go further down.
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Trading_Jazz arif_awan
10 months ago
Bullish Bat // 2618 // Wedge // IF=THEN ®


Thanks arif_awan ;) appreciate :)
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jhakas
10 months ago
Bro.. necklne is not broken yet.. exact figure of neckline is 0.7015... and if you check aud jumped twice from 0.70 and every time it hit 0.70 it went above 0.71..
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Trading_Jazz jhakas
10 months ago
;) $0.70224 was broken 08/Jan/2016, a close below the neck, then it found support at $0.68261 (weekly support) - then a pull back into a 61.8% retracement zone, almost a 78.6% retracement in fact ;) - do you agree ?

Safe trades;
Double Top definition & 2618 trade setup ®
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Trading_Jazz Trading_Jazz
10 months ago
https://open.spotify.com/track/3tubIxEQAIhJok2xNl2Fgf :D
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jhakas Trading_Jazz
10 months ago
thx for sharing that chart.. I saved it for myself :) and yes, it was broken and then aud made double bottom @ 0.6827 and went up..



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Trading_Jazz jhakas
10 months ago
;) Have a very nice week
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jhakas Trading_Jazz
10 months ago
healthy chit chat is always good :)

Cheers!
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Trading_Jazz jhakas
10 months ago
And thank you for your comments ;)
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