AUDUSD 4 Hourly Resistance - Short on Retracement

19 Nis 2016

With 3 rising Tops and with a recent bullish rally that is so steep, it is anticipated that a consolidation is in the making.
Should Price hold out recent top as resistance, it is likely to fall and gain support at the 1st Support as marked.

19 Nis 2016

İşlem kapandı: durdurma seviyesi

Stopped out.
The better bet is still to follow the bullish pressure as seen on the chart
More and bigger bullish bars than bearish ones.
Trend following wins!