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glennmercer

AUDUSD Short: Watch for Bearishness

Short
Australian Dollar / U.S. Dollar (FX:AUDUSD)  
glennmercer Updated   
FX:AUDUSD   Australian Dollar / U.S. Dollar
Trend Analysis Chart Patterns Wave Analysis glennmercer gmercerfx Elliott Wave wavecount AUDUSD aussie
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trendanalysis chartpattern waveanalysis glennmercer gmercerfx elliottwaves wavecount audusd aussie
Only bearish after breakout. Sell the continuation should one occur. It is what I am expecting next week. New highs will target the .5 fib level (solid line on chart).
Comment:
snapshot

Breakout complete! Sell the continuation. Don't be too hasty, wait for the right entry. Huge R/R is possible. Be conservative: If price becomes bullish, exit. Otherwise, ride it lower. Cheers!
Comment:
Following anticipated price action absolutely precisely
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