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Ltscofield
Aug 6, 2016 11:34 AM

AUDUSD SHORT CHANCE  Short

Australian Dollar/U.S. DollarFXCM

Description

first ,AUDUSD is still in the down channel
second,price retest previous structure and
cannot breakout
third,daily ,upper shadow appears
because of these three reasons,i think guys
u can short at this level with small risk than
to long here ,right? for the target i thought
that potential gartley pattern will be finished
at the red zone ,also there is a AB=CD pattern
and 1.27AB extend ,most importantly we can
seea structure here .so i will keep my profit until
the price hit the red zone ,good luck.
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