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.

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
the Golden Ratio is my Religion
the Trading View is my Nation
the Moderator Tag is my Flag


Home Stock Screener Forex Screener Crypto Screener Economic Calendar About Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Private Messages Chat Sign Out