mq12b

Looking for shorts @ 0.745 Level

Short
mq12b Updated   
FX:AUDUSD   Australian Dollar / U.S. Dollar
8
Aussie has been on a choppy downtrend for the past couple of months

Looks like it reached some weekly support @ 0.733 level

Anticipating a break up from the current triangle to make a new LH

Similar to the triangle in April

Confluence w/ previous structure and the 61.8 fib level from previous push down

If it does break the 0.733 level next target @ 0.717 price level

Careful w/ long positions on this one

The trend is your friend
Comment:
Anticipating a double top 0.7645 Level

Waiting for a bearish confirmation
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