Opened a short trade on AUDUSD @ 1.0496 after getting a pattern alert and the price at the time not passing 1.05

AUDUSD Harmonic Alert

AUDUSD Harmonic Pattern

As can be seen the price actually broke the lower trend line but did not continue much further, we had already moved stop loss in pretty tight in case of reversal.

Reversal did occur and we were stopped.

AUDUSD  is now up at 1.0550 which is going to be a pretty strong resistance point, FOMC is however looming .

AUDUSD Trade details