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UnknownUnicorn384398
Jan 15, 2017 11:43 PM

AUDUSD - Short Setup Short

Australian Dollar/U.S. DollarFXCM

Description

Wave 2 cannot go beyond the start of Wave 1 therefore this would mean a very tight stop from this point if this analysis is correct.

Trade closed: stop reached

AUDUSD will correct higher before a decline.

Trade active

Comment

Due to being at such a critical junture I have decided to re short.

A shooting star has formed on the 1 hour chart.

Stop is now at .75495
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