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GcNaif
Apr 28, 2015 11:50 PM

Short on Bearish AB=CD and Sell Zone Short

Australian Dollar/U.S. DollarFXCM

Description

trade is based on the harmonic bearish AB=CD . The price is respecting the resistance area in rectangle at the top . Technically its a strong sell zone. Expecting the price to reach at least the 38fib of AD which is also the last week high.

idea will be invalid if the price breaks above 0.8083x
Comments
GcNaif
Update: Closed trade
fullyautomaticc
Hello Naif , what about your target ??
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