EuroMotif

AUDUSD short Idea: 2 possible entries on AU

Short
EuroMotif Mod Aggiornato   
FX:AUDUSD   Dollaro australiano / Dollaro
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:
Commento:
Argh, I might have missed it at least a scalp could have been had with a double top but I was not watching. Oh well, lets see what London brings
Commento:
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
Commento:
2nd short fired
Commento:
SL moved to .7348
Commento:
Stop hit, for a measly 5 pips profit. oh well :(
Commento:
Possible double top at the 2.618 extension as hped
Commento:
Next probably target .73179 with .618 extension of last drop and 3.618 fib of larger tf drop
Commento:
Nice Fib confirmation
Commento:
one more Fib to break and then clear shot at my target

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