AUDUSD Short 04102016 Order 871152

1. Shorted the AUDUSD
2. Reasons - Seems like a H&S at yellow points.
3. Pair is bouncing off the short term trendline.
4. US dollar strength.

Risk Reward: 1:2

• Stop loss is positioned at the top of the right shoulder and trendline. Breaching that and the trendline would hence invalidate the trade.

Take note of the yellow zone. 

- UPDATE
356pm 06102016

At the moment ITM.
Reasons - dollar strength.
Rapidly breaching resistance zone.
Allow it to run further.