EuroMotif

AUD.USD gift short by RBA doves, profit taken. AU re-entry zones

EuroMotif Mod Updated   
FX:AUDUSD   Australian Dollar / U.S. Dollar
Follow up to my last call for Shorts and Targets (click).

AU took a beating from the RBA's "Dovish Cut".
Of course it spiked up first to take out weak bears.
We were short from MUCH higher and happy to ride.

AU fundamentals for remainder of year should be bearish.
Now we need to lay some traps for re-entry opportunities.
Initial bounce has energy so do not under-estimate the retrace.

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See some of my other Forex calls below.
I also plot Crypto and some Stocks, check my Profile Page.

AUD.USD bounce Trap
AUD.USD trend Short (perfect short a year ago)
EUR.USD short call (still in play)
EUR.USD short Call (perfect top, huge profits)
EUR.USD trend Short (the very tip-top a year ago)
USD.CAD short call (perfect entry, huge profits)
GBP.USD scalp zones (pinpoint Entries/targets)
DXY toping call (Upthrust warning just in time)
USD.JPY short to long (recent perfect entries)
XAU.USD top call (perfect long to short flip)
XAU.USD bounce call (perfect entry, huge profits)
Silver Bounce scalp (Perfect entry, still in play)
SPX recent top (Fib extensions at work)

Of course, I have had total FAILS on some plots also, not going to pretend.
But my plans offer PRECISE entries, TIGHT stops, and EXACT take profits.
Precision is the way of the Fib. Almost every turn happens at a Fib Line.
Comment:
So much for that plan :( No trigger, no trade. BUT we might ending this wave going up. Looking closer at that green Fib.
Comment:
Zoomed in on the Green Fib (on bounce) I like the clean Pings. So plotted two possible Ping Points to watch for possible short entries.

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the Golden Ratio is my Religion
the Trading View is my Nation
the Moderator Tag is my Flag

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