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Zulfiqqar

AUDUSD: Short opportunity.

Short
Australian Dollar / U.S. Dollar (FX:AUDUSD)  
Zulfiqqar Updated   
FX:AUDUSD   Australian Dollar / U.S. Dollar
USD aud AUDUSD audusdshort sellsetup Elliott Wave wxy SELL
4
0
usd aud audusd audusdshort sellsetup elliottwaves wxy sell
We are still looking for a short opportunity on the AUDUSD as it seems to be trading within a WXY pattern.
Our short scenario is valid as long as the red line is not reached.

P.S: This content is for educational purposes and discussion.

Good luck.
Comment:
Comment:
The C wave seems to be unfolding to form an ending diagonal, so we changed our entry to be the low of wave 4.

snapshot
Comment:
We can see a contracting triangle as a 4th wave, we can say that we have C as 5 five waves impulse.
We are already at an important zone for selling, our entry is optimized as shown below:

snapshot

Good luck.
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