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KaKeungChoi
Sep 4, 2016 9:26 AM

05 Sept. 2016 - AUD/USD S/R levels Forecast for coming Weeks Short

Australian Dollar/U.S. DollarFXCM

Description

Price has broken the MA and is heading downward, expect price would have small correction pullback when it reaches the support levels in green, thinker the support lines stronger the rebound.

Sell the trade whenever the correction has complete confirm by turning support level into resist level by price break downward with closing 4 hour candle. entries can be on the line of S/R levels or with 15min engulfing candle to confirm the direction its moving to.

Comment

My Previous Forecast of this pair.

AUD/USD - 07 to 11 Mar. 2016

4 hour Chart of S/R Trading Strategy
facebook.com/media/set/?set=a.1710394225838883.1073742384.100006049659332&type=1&l=6bc0631b0e

Comment

My Long Term Forecast of this trade since 1 year ago.

AUD/USD - Year - Direction Forecast Since Sept. 2015

facebook.com/media/set/?set=a.1756896414521997.1073742543.100006049659332&type=1&l=1d4b46cd72
Comments
Elliott_Moore
Very good Sir. I followed you. I have my own technical I follow but really lack in S/R levels, so I will learn a lot from u if that is ok. Elliott
KaKeungChoi
Sure Elliott, click in the link and add me as friend in Facebook. :)
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