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themikewwfx
May 31, 2016 11:02 PM

Beautiful Bearish Engulfing on Strong Monthly Trendline Short

BRITISH POUND / AUSTRALIAN DOLLARICE

Description

It's been a while, but I finally got the set up I've been waiting for on GBP/AUD. Cant ask for a cleaner set up

- Perfect bearish engulfing candle
- rejecting strong former monthly support turned resistance
-rejecting 200 MA
- Rejecting strong resistance at 2.0400
- Tons of room to move
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