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lovettjames
Nov 6, 2016 12:11 PM

EUR/AUD Short

Euro Fx/Australian DollarFXCM

Description

Price has broke the descending triangle and now retesting the triangle also a continuation head and shoulders pattern with a nice bit of confluence of the neckline and 38.2% fib lining up.. 2 shooting star like candles showing price is getting rejected from higher levels but Fridays candle was pretty strong bullish candle so will wait to see how it plays out before going short.. also looking like a hidden bearish divergence on stoch is forming but stoch has not turned down yet
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