AUDUSD - Potential Crab Pattern on H4 Short

Australian Dollar/U.S. DollarFXCM

Description

⋅ Mar 12, 2018 7:10 AM

A potential bearish crab pattern is completing soon, RSI has just touched the overbought level.

We have PRZ at a good daily resistance area.

R:R at 2.3. Good luck.

Comment

⋅ Mar 13, 2018 3:48 PM

Although pattern has completed, I am not comfortable with taking this trade seeing the dollar weakening right now.
I will skip for this pattern.

Comments

yitiancai

⋅ Mar 12, 2018 9:59 AM

also my view

yitiancai

⋅ Mar 12, 2018 9:58 AM

thanks