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glennmercer

AUDUSD Long: Potential Power Reversal

Long
Dollaro australiano / Dollaro (FX:AUDUSD)  
glennmercer Aggiornato   
FX:AUDUSD   Dollaro australiano / Dollaro
AUDUSD aussie breakout counter-trend powerreversal reversal Elliott Wave EW glennmercer gmercerfx
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audusd aussie breakout counter-trend powerreversal reversal elliottwaves ew glennmercer gmercerfx
Hey traders! Aussie is showing some signs of strength into the new month as it tries to reach for some of those missed pivots. I like the signs we're seeing here with the initial bullish impulse. I want to be cautious, however, since the overall momentum is down. I like the long position over that strong resistance area to ensure the momentum has shifted. Otherwise, no trade. Cheeers!
Trade attivo:
Solid impulse through buy stop and we have a nice powerful Wave-((iii))-of-C in the works. +40 Pips. Moving SL to breakeven. Good luck all!
snapshot
Trade chiuso: obiettivo raggiunto:
Target has been reached on initial trade idea, however I have added to the position and am still long. All future updates will be provided here:
Commento:

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