TradingView
salsapete
Sep 30, 2016 3:09 AM
AUDUSD scalp
Short
FX:AUDUSD
60
Australian Dollar/U.S. Dollar
FXCM
Description
⋅
Sep 30, 2016 3:09 AM
AUDUSD on 60 min chart potential corrective pattern abc setting up.
MACD bearish divergence suggests recent top was wave 5. Looking for
a
wave to stop at prior wave 4. From there a
b
wave to 61.8 - 78.6 fib retracement.
From here potential short trade
Enter short @ .7670 - .7885
Stop loss above start of a wave @ .7710
Target c, with 1.27 fib extension @ .7540.
Approx. 3 R/R.
AUDUSD
wavetheory
Comments
piptamil
⋅
Sep 30, 2016 3:49 AM
Thank you...
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