AUDUSD short Idea: 2 possible entries on AU
Updated
Looking for a shorting opportunity.
Looks like we still have a wave 5 up to go.
Hopefully London Open will provide an entry op.
The grey zones on chart are from my Support Resistance analysis posted on July 11th:
Looks like we still have a wave 5 up to go.
Hopefully London Open will provide an entry op.
The grey zones on chart are from my Support Resistance analysis posted on July 11th:
Note
Argh, I might have missed it Note
The EW count is still plausible. Wave 4 could come all the way down to .7300 and still be valid, but admittedly that would be a stretch. I would still like to see a higher high to declare wave 5
Note
2nd short fired Note
SL moved to .7348 Note
Stop hit, for a measly 5 pips profit. oh well :( Note
Possible double top at the 2.618 extension as hped Note
Next probably target .73179 with .618 extension of last drop and 3.618 fib of larger tf drop Note
Nice Fib confirmation Note
one more Fib to break and then clear shot at my target Note
Almost there s3.amazonaws.com/tradingview/snapshots/t/TZl8DnQQ.png
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