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trungle83
Mar 24, 2017 9:03 AM

AUS200 2618 Trade  Short

S&P/ASX index of Australian listed sharesFXCM

Description

2618 Set up
  • Double Top
    Broke out of trend
    Broke Neckline
    Retrace up to 0.618
    Price rejects


**Additional Note: Aussie market time frame rally. I am anticipating the opposite reaction during US market hours**

Trade active

Trade was entered @ 5765

Trade closed: target reached

Gapped down and selling pressure before midday hit target.
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