AUDUSD watch cloesly at 0.7300 Short

Australian Dollar/U.S. DollarFXCM

Description

⋅ Nov 25, 2015 8:08 AM

AUDUSD watch cloesly at 0.7300
The Range bound togehter
with the FIB 1.272 Ext
give us clue
Be patient and watch price action
at 0.7300 Level
Look for Buyer Failure and short!
SL: 0.7330

Trade active

⋅ Dec 2, 2015 1:49 AM

PRICE REACEHD 0.73
WAITING TO SEE BUY TRIED TWICE AND FAILED

Comments

ColinYang

⋅ Dec 2, 2015 5:18 AM

is now a right time to short it again?

DangerousSpread

⋅ Dec 2, 2015 2:10 AM

Your setups are sound and understandable. I appreciate you being so upfront and showing us what your going for.

tntsunrise

⋅ Dec 2, 2015 3:03 AM

tks bro!

waqassab

⋅ Dec 2, 2015 2:01 AM

Good setup again sir, can we enter short here with these SL and Targets?

tntsunrise

⋅ Dec 2, 2015 3:03 AM

need to see buyer tried twice but fail

P_Parker

⋅ Dec 2, 2015 5:19 AM

you mean a smaller double top with that?

Axel

⋅ Nov 26, 2015 4:40 AM

i'll also take a shot here

RichardYao

⋅ Nov 25, 2015 8:48 AM

how about 0.7340? AB=CD will complete,and a down trendline from 10,AUG here

tntsunrise

⋅ Nov 26, 2015 3:29 AM

also a very good point

LindaWu

⋅ Nov 25, 2015 8:17 AM

when to use Fib ext and when to use Fib retracement to view the market