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Jun 19, 2017 7:55 PM

AUD/USD Retest of Structure High Long

AUSTRALIAN DOLLAR / U.S. DOLLARICE

Description

Good Afternoon,

Pennant located via AUD/USD, according to Elliot Wave theory (if you trade it), we are on leg D, looking for it to complete thus arriving at leg E. Trade is self explanatory, more detail will be provided when entry is finalized. Execute at your own risk. Enter on lower confirmation

Thanks,
Trade Wisely

Trade closed: target reached

Comments
mamed1
It's more likely to be wave c of the zigzag and it's about to be completed ,the MACD is giving negative divergence which is the primary trend and i think it's about to continue very soon.
armanitrades-mhc
@mamed1, agreed
Niek123
nice trade, Watching price action for a breakout/retrace trade?
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