URIFX

AUDUSD: Be careful to sell and waiting to buy

FX:AUDUSD   Australian Dollar/U.S. Dollar
wxy
292 12 5
wxy
a year ago
I am looking for a bull rather than a bear for this pair just because we are in the correction. For whole waves count of the bull trend, price seems to form an WXY and we are on wave b of wave Y.
a year ago
Trade active:
snapshot
trader515
a year ago
make up your mind either its buy or sell
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URIFX trader515
a year ago
Thank trader515, currently I am selling but protect my entry and looking for buy.
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dexstriker27
a year ago
Nice..
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URIFX dexstriker27
a year ago
Thanks
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FXTrademate
a year ago
I sold right after Sydney open on daily chart and saw my profit went from 30 pips to -28 pips now. Any thoughts on this?
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URIFX FXTrademate
a year ago
Hi FxTrademate, I am too. My profit return zero @protective stop. I think it is a temporary fullback of small profit traders. A bull wave comes only when price breaks the the bear trendline of the current wave. If the current wave is wave 2, it could go deeply to the beginning of wave 1. However, I am staying out of this trade and wait for a buy opportunity.

Thanks
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dexstriker27
a year ago
Very nice Analysis, the same with Anil. Do you think can we enter long now?
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URIFX dexstriker27
a year ago
Dear dexstriker27, I don't have much time to read the chart more detail right now to answer your question. For my first look, right now, I cannot interpret the current corrective structure, so waiting for more development in price action is my solution.

Thanks
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dexstriker27 URIFX
a year ago
Thank you very much...
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URIFX dexstriker27
a year ago
AUDJPY likely to breakout and continue to go down.... Take a focus on this pair! Here is my previous idea:
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URIFX URIFX
a year ago
AUDJPY: Time to short massive bear wave
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dexstriker27 URIFX
a year ago
Great! thanks.
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