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glennmercer

AUDUSD Short: Wave-(ii) Complete with Ending Diagonal

Short
Australian Dollar / U.S. Dollar (FX:AUDUSD)  
glennmercer Updated   
FX:AUDUSD   Australian Dollar / U.S. Dollar
AUDUSD aussie Elliott Wave EW wavecount continuation glennmercer gmercerfx
20
6
audusd aussie elliottwaves ew wavecount continuation glennmercer gmercerfx
Hey traders! We have a possible completion of the retrace after bearish impulse on this pair. I have a tight stop placed above highs as any rallies will add uncertainty and invalidate the setup. Big targets below, including missed pivots and 1=3 level. Trade is active, Happy trading!
Comment:
She's a beaut, Clark! Nice drop from entry. We're sitting at a snapshot R/R of about 4.6:1 here. Cheers!
snapshot
Trade closed: target reached:
Connection on T2 @ +72pips and a completed R/R of exactly 12. I just took profit on this. I will be looking for re-entry soon. Cheers!
snapshot

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