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cktrades
22 dec 2016 00:27

AUDUSD Short Analysis Kort

Australian Dollar/U.S. DollarFXCM

Beskrivning

USD strength expected to continue.

price recently broke daily support and re-confirmed this as resistance (orange line)
before moving lower.

Higher TF support break missed, so looking for short entries on hourly support/resistance levels.(green lines)
entered at 0.72400, suspect this to form resistance and TP at lower previous hourly support.

Kommentera

Stopped out but nice to see the trade working out. better SL placement or entry to be reviewed
Mer