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FUNTRADER-Vera
Apr 16, 2017 1:04 AM

AUDUSD: THIS LOOKS SIMPLE  Short

Australian Dollar/U.S. DollarFXCM

Description

Traders:

This is simple for us AND a perfect begining for wave 3.

Less is more !

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ENTERED AT 0.758
MAKING 70 PIPS FOR NOW.

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another good entry for short when pulling back.

Trade active

that is 0.754

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AUD is now trying to make a reversal
if it cant make higher than 0.757
then short it again.
otherwise ,hold long trade till 0.765-0.77

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the short trade is making 55 pips.

slow one.

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now ,AU is my girl, making 70 pips.

and we see more drop for this pair.

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hold the short trade till 0.725 .

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short trade can enter again at 0.75 around.

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keep holding the short trade, as the resistance zone broke.

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sorry, its support zone.

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Comments
JeremyZ
You are amazing! Vera
HuangZhenWei
piptamil
Exactly as you predicted...
Antonio_gf
Beware support 0.748
FX4trade
Very nice - thank you
LaiptaiCervinskas
Hello fellow traders,

Please check this audusd trading idea:


Sincerely,
Trader.
piptamil
Learning lot from you thank you for all analysis vera...
FX4trade
Hello Fundtrader, where do you see the beginning of wave 3? Are counting wave A as 1, and wave B as 2?
FUNTRADER-Vera
@FX4trade, YES, I AM .
FX4trade
@FUNTRADER-Vera, Thank you

Do you trade using Elliot Waves?
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