au1-1024x404AUD/USD (H4): Short-term Look

Forecast: Pin bar signals short term corrective rebound

Alternative Scenario: Waiting for correction and playing shorts from resistance zone

Comments: Price moves in bullish regression channel

Payout: CALL @ 0.78050 à 79% return expiring at 21:00GMT

AU_screen 27.02

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Damian Chmiel
http://financemagnates.com
Member and editor of Finance Magnates - the biggest FX, and binary options B2B website. A graduate of the University of Economics in Krakow, active publicist since 2012. Technical analysis is always more important to him than the fundamentals – however, he does not reject the importance of macro data. As he assumes that, the simpler the better, he is a strong fan of Price Action trading strategy and Fibonacci retracements.

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