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Olu
Sep 17, 2016 3:28 PM

EurAud: Lost All Its Gain Last Week 

Euro Fx/Australian DollarFXCM

Description

Comments on the chart. H&S breakout jitters?? Price is now at support area and it is possible for the the upside to resume. Hence my neutral stance

Comment

Price has fallen below the low of the inverse hammer. There might be more down in store

Comment

Downside price action is increasing a retest of 1.4500 is not off the cards

Comment

Price is right on support. I called for a retest of the support area when I saw the failed breakout. Didn't make (or lose) a dime from this idea though
Lesson here: If your idea is sound take the opportunity!
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