RustyTrading

Testing the pitchfork potential 200 PIPS!!!

Long
FOREXCOM:EURAUD   Euro / Australian Dollar
After December high of 1.68000 the price has been on a steady decline, but if you notice on the pitchfork you can see each time price has reached 0.5 fib all 3 are marked so you can see.
The price each time has rose and respected the falling trendline.

Although price has started to move , ill wait for market to open this evening and enter into a long @1.61
TP @1.63100
200 PIPS
Rusty Trading

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