short top of channel and 161.8 fib Short

S&P/ASX index of Australian listed sharesFXCM

Description

⋅ Mar 25, 2015 4:42 PM

Good risk to reward entry with target at the retest of last break out and 50wma.

Comments

tst

⋅ Mar 30, 2015 4:46 PM

I may look to cover position at break even 5940, reversal looks to be developing. Then sell any false break out back down.

tst

⋅ Mar 31, 2015 7:19 PM

reversal turned below break even stop. will leave stop at breakeven 5940 and increase position on break of 5819.