EuroMotif

AUDUSD short entry zones: AU retrace to scalp

FX:AUDUSD   Australian Dollar / U.S. Dollar
AU looks to have completed a 5 wave impulse move up and ready for correction.
The Red zones are possible short entry opps, where I will be looking for a reversal pattern.
The Green zones are possible take profit areas, where I will be closing most of position and letting some ride to next possible support.

Background:
I am a longer term AUD bear, anticipating a serious drop yet to come
Since then I have been looking for shorting opportunities such as this recent plan
After a nice ride down, I went long which worked out very well
My last plan was to look for one last leg up and then start shorting
I did go short at the top red zone in above plan, and now looking for more shorting ops with this current plan:
Comment: Another zone hit. I think it may be preparing for a bounce now, evaluating these last moves
Comment: Wow, check this out: low on candle was .71642, by zone boundary was .71647. Dang it, off by a HALF a PIP. Will try to do better next time

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