Theto_Morifi

AUDUSD Short setup Trade Idea

Short
Theto_Morifi Updated   
FX:AUDUSD   Australian Dollar / U.S. Dollar
I would highly appreciate your likes and follows, I hope you enjoy this setup.

Price has formed a complete Zig zag wave pattern and has also managed to break out of and retest a bullish trendline.
I am looking to capitalise on the BC leg of the corrective structure which should take the same ratio as the two previous
impulse waves.

Target is 0.62100

#FOLLOW4FOLLOW
Trade closed: stop reached:
Stopped out at break even with this one, requires some review.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.