AUDUSD 1 hour triangle

7 de jan. de 2013

Triangle is forming on 1 hour chart and break out to the down side is a good set up to get some short positions. At the same time break to the up side is a good set up to get some long positions, but at this moment I prefer short position. Break of the triangle's upper line and this plan is not valid any more and possible long positions will be established.