Disliked{quote} upd: the last spike just below .75 looks like another long squeeze action, and we are back above .7530 major level MAs 200 on H1 and H4 look as additional support to go long {image} {image} {image}Ignored
Yes, another cluster of golden levels from that cup/range nailed the .7500 turning point (your .50 fib level added some good support as well.) However, the rate decision had me on the sidelines. I also did not partake in the short from .7636 although I had mined the level before. In fact, it popped out visually even without the help of the miner. I decided not to post it as it was formed mainly by highs, making it a better candidate for a long rather than a short (going by the golden level rules). The success rate of shorting from levels that are formed mainly by highs is something that would have to be researched statistically for each pair. More to add to my list of things to do.
http://www.streamhedge.com/viewchart/lr7CELv/2016-8-2_AUDUSD_H1
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