FX:AUDUSD   Australian Dollar/U.S. Dollar
120 4 5
Short term short, 2.5 reward ratio, I think not bad, placed sell order at 0.7674 with 0.7624 target
AUDUSD - Watch $0.7700 - $0.7710 for potential short


I am watching this zone slightly higher before considering whether to go short on it.
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Njvest TerryHarmonicTrading
Thanks Terry, u seem to be right, up move is still strong, If I get stopped out I will try from higher zone again
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For a shark, the BC extension has to hit a minimum of 1.618, this is why I am looking at just above $0.77.

Your pattern is not a correct shark.

Can check the measurements at link below.

http://www.harmonicforex.com/the-shark-pattern

Reply
Njvest TerryHarmonicTrading
thanks for the link, my stop is tight anyway, trade active so far. Will try from .77 to short if I loss this one. What do u think about USD/JPY in short term?
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