MeasuredMove
Long

Third Buy Entry from fib

FX:AUDUSD   Australian Dollar / U.S. Dollar
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2
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The high-to-high fib extension has provided two other buy entries that have traded all the way to fib targets or higher. It is currently pulling back and setting up for a third entry. Second entry taken earlier today:

Entry at the 8885 area
Stops below 8872
Targets up in the 8965 area

Note that the target is up near our longer term short area mentioned here:


Market Profile: http://gyazo.com/b9fc0bd98dd36e640c65290cbc2d1c6c.png
Entry is just below the last night's euro             session POC and right near the Value are area low of that session.
closed at 8963.
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1 Pip from my stop. Half my position is off, waiting to see if last portion will hit targets. Holding up so far.
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