YipYip
Short

Aussie 5th Wave Down

FX:AUDUSD   Australian Dollar / U.S. Dollar
341 0 5
Great chance to catch the 4th wave retrace for the move down to complete the 5th wave

We should build out 4th wave for a Flat on the C leg or dont be surprised for a truncated C if we dont break the Green trendline @ 7930

Fundamentals : Rates decision & Confirmation from Steven of further cuts to get The Aussie back to 72 DXY             looks to have completed his retrace and will be looking for more highs 95+ which will support this trade

Even though we are in corrective it is the high side of a down trend ;)

T1 take off for 60 points (pay the rent)
T2 Roll the stops @ each pivot and see how low we can go ( look to 7820 as we complete another leg of the HTF             triange)

* Please Note the aussie in renowned for STOP hunting and very wikky action .. wider stops to 7990 would reduce Market Makers taking you out :D
English
English (UK)
English (IN)
Deutsch
Français
Español
Italiano
Polski
Türkçe
Русский
Português
Bahasa Indonesia
Bahasa Melayu
ภาษาไทย
Tiếng Việt
日本語
한국어
简体
台灣
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out