Consolidation before heading higher

Australian Dollar/U.S. DollarFXCM

설명

⋅ 2014년 2월 2일 오후 9시 1분

I am expecting continued consolidation between the lows and the Jan POC. before we finally break to the upside and trade the Fib level above which will trigger a major short that has targets around 8500 level.

More on the fib level mentioned in a previous post: tradingview.com/v/UqcPvB9m/

Market Profile: gyazo.com/f029300d84714a2fbf00564e09dd13c7.png