DollarPipsFX

AUDUSD SELL For The Medium Term (ELLIOT WAVE)

Short
FX:AUDUSD   Dollaro australiano / Dollaro
Based on the smaller timeframe mapping i believe we are currently in the Minor wave 2 within the Major wave 4. I believe we still have about 2 more pushes to the downside before potentially seeing any Bullish Movement. For now I will be looking for sells. However I would CutLoss If price breaks and stays outside my channel and overlaps with the wave 1 within the Minor Wave 2. Only if both conditions are met I'll be cutting my losses.
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