AUDUSD FIB TRIANGLE SHORT

I believe that this will fall after the e wave is finished which I believe it already has. All the Fibonacci levels are lining up perfectly with their corrects letters so technically this is a nice trade. However the market is forever uncertain so we will see what happens.

Not 100% on a profit target. The pulldown may be drastic or pathetic. Just put a stop loss at your entry after a decent pulldown and enjoy a free trade.

Comment:

Stop is at entry now! Riskless Trade Achieved!

Comment:

Moved stop in profit 5 pips and got stopped out. Small profit is not bad.