still_waters

Aussie Dollar Short Idea

Short
FX:AUDUSD   Australian Dollar / U.S. Dollar
Decent SHORT stop entry @ 0.74312. on 240 Chart, we've got a nice lower high formed, and we just need the low of the last good bear bar to be triggered for potential sellers to be filled and holding shorts. I've added a slightly modified version of the Chris Moody OHLC script to clearly see the highs and lows of the previous week, which act as potential major support and resistance levels. You may see this indicator on future charts I'll post. I think it looks pretty cool. ;) Good luck this week. I will be posting. If you like my ideas and want me to post more, please support me with a thumbs up.

Thanks,
still_waters
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