AUDUSD - Now for a 5 wave drop.... Short

Australian Dollar/U.S. DollarFXCM

Description

⋅ Nov 1, 2016 10:10 AM

Been covering this pair recently and have managed to have trades the 5 wave down followed by the 3 wave corrective. Price is now approaching the upper channel trendline which is affording us with an excellant oppurtunity to sell...

Trade active

⋅ Nov 1, 2016 5:48 PM

Nice move down today

AUDUSD elliottwaveretracement

Comments

phoekiz

⋅ Nov 1, 2016 10:56 AM

Is the TP much too aggressive?