AUDUSD short Idea: 2 possible entries on AU
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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:
Nota
Argh, I might have missed it Nota
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
Nota
2nd short fired Nota
SL moved to .7348 Nota
Stop hit, for a measly 5 pips profit. oh well :( Nota
Possible double top at the 2.618 extension as hped Nota
Next probably target .73179 with .618 extension of last drop and 3.618 fib of larger tf drop Nota
Nice Fib confirmation Nota
one more Fib to break and then clear shot at my target Nota
Almost there s3.amazonaws.com/tradingview/snapshots/t/TZl8DnQQ.png
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