danny394143

AUDUSD tested top of the triangle, pullback

Short
danny394143 Updated   
OANDA:AUDUSD   Australian Dollar / U.S. Dollar
AUDUSD tested top of the consolidation triangle, pulled back to .618.. than retested the neckline of the top. now heading to the bottom of the triangle. this is a second opportunity to short this pair. if the top of the triangle has been missed. there is a inside bar forming on 1H time frame if we need further confirmation, we can wait next 15min, at the time of writing, for the bar to close and than look for a break to the down side,, as upside break is likely to run into resistance quickly at this point.
Comment:
trade stopped out, however price seem to be forming a double top (triple top), good idea to try one more short

Dan

PS: this is not a financial advice. simply blog of my ideas I would like a feedback from more experienced traders, and to see how I perform over time)
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