AudUSD Sell idea based on fib and megaphone pattern

18 Eki 2017

$ is doing a long unwinding pull back. This can be used to enter trades in other currencies such as AUD which had runup in the past.
> Half the quantity can be sold now and other half at 23% fib.
> Once the price breaks 38 % down (30 min candle open and close) then can add to your positions.
>> Target is 62 % fib. But I think its better to keep the trade running with the a trailing stop loss.

26 Eki 2017

Not

Those who missed entry... can enter again in the 0.7730 region. Its the retracement touching zone with the bottom of megaphone pattern. But be careful today ECB PC event.