- Monthly and weekly charts are clear : Sell AUD/USD on basis of double top breaking NL. DT objective is marked by the pink line at 0.7747.
- Daily : Pull-back from lows consolidating into a triangle. Boundaries are now at 0.8515 and 0.8303.
- Plan : Limit sell on approach of 0.8515 and/or sell break of 0.8303 (now @ 0.8441).
04 June 2010
AUD/USD : Drilling Down
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4 comments:
Good trade. I had been watching to sell AUDUSD for the past few days.
May I know where is your stop for this trade if order is done?
No stop. Its makes sense to have this on as part of my core book.
-0.8466
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