WaveAnalysis

EURAUD Short Trade Setup

Short
WaveAnalysis Aggiornato   
OANDA:EURAUD   Euro / Dollaro australiano
Hello traders.

I'm expecting either weekly down impulse or weekly corrective structure after up wave. I believe last top was the end of it. So, I like to take short trade. Right now I'm waiting for a correction to sell it. For more details, please check the related idea and you can watch my video analysis.
Commento:
Structure between aqua lines can be ann expanding flat. My entry order below previous top.
Trade attivo:
Sorry, I missed one update. Trade active and so far so good. I like to see a correction to take more short trades.
Commento:
I'm expecting 4th wave. You can move your stoploss to breakeven. If it makes 4th and 5th waves, your trade remains safe. But I don't touch it yet, because I want to protect my trade if it makes deeper correction instead of 4th wave.
Commento:
It looks like the broken trend line was retested and the drop continues. I'm waiting a correction to take another short trade.

Trade chiuso: stop raggiunto:
Very interesting up move after completed 5 waves.

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