AUDUSD retest of breakout
1/20/2016
Currency Pair: AUDUSD
Entry: BUY Stop @ 0.6934 for 3:1
SL: 0.6874
TP: 0.6931
Analysis: AUDUSD has seem to
find support at the 0.69. Weekly is
forming bullish divergence and also
on 4h chart. 4hr chart has also formed
a double bottom
The Key Reversal setup for today
suggest that we go retest the breakout
of the symmetrical triangle.
*Note: 1/26/2016 Weekly formed piercing line
reversal pattern.
Currency Pair: AUDUSD
Entry: BUY Stop @ 0.6934 for 3:1
SL: 0.6874
TP: 0.6931
Analysis: AUDUSD has seem to
find support at the 0.69. Weekly is
forming bullish divergence and also
on 4h chart. 4hr chart has also formed
a double bottom
The Key Reversal setup for today
suggest that we go retest the breakout
of the symmetrical triangle.
*Note: 1/26/2016 Weekly formed piercing line
reversal pattern.
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