AUDUSD - Short Setup

Updated
Wave 2 cannot go beyond the start of Wave 1 therefore this would mean a very tight stop from this point if this analysis is correct.
Trade closed: stop reached
AUDUSD will correct higher before a decline.
Trade active
Comment
Due to being at such a critical junture I have decided to re short.

A shooting star has formed on the 1 hour chart.

Stop is now at .75495

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