Tuesday, 13 December 2011

AUD/USD analysis

Short signal on daily after bearish couple of days.

- Big bearish pinbar candle on daily timeframe
- Trend down
- Bounce off support
- No resistance until 9770s
- Gap left around 9770s yet to fill

Short order as per below:

STOP: 10166
ENTRY: 10052
LIMIT: 9824

RISK/REWARD: 2/1

1 comment:

  1. Missed the boat by 6 pips. Wouldve been well over 150pips up :(

    ReplyDelete