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piphunters
2016년 1월 28일 오후 3시 20분

AUDUSD: Getting ready to short 

Australian Dollar/U.S. DollarFXCM

설명

AUDUSD is correcting deeply and fast, I am expecting AUDUSD to reverse from here to resume the long term down trend or as part of an extended correction.

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1 hour trend line broken to the downside

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took the short position very early when price was as shown in the above chart

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possible break down as shown in the chart above to resume downside

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possible short entry

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updated weekly view of the pair.
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kmk.msp
on 4Hr tf it is forming IH&S and has broke neckline at 0.705, what u think
piphunters
don't trade H&S so not sure to answer on that.
jhakas
apart from head and shoulder... aud has another 2 patterns.. 4hr Double Bottom and Daily Double Top and neckline of double top is 0.7015.. and aud so far trading above neckline of double top and neckline of double bottom which is 0.6958... so in total 3 patterns.. and all are confirming bullish side for aud.. here is my view on aud for long time..



piphunters
thanks for your view.
jhakas
your welcome..
njdfj
great analysis, just entered short too.
piphunters
thanks and good luck!
GoodLuckbabe
very nice setup thanks for sharing brother
piphunters
you are most welcome
mickeysmile
nice!
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