AUDUSD has broken out on weekly and now it is time to sell

Short

Australian Dollar / U.S. Dollar (FX:AUDUSD)

Updated

FX:AUDUSD Australian Dollar / U.S. Dollar

Trend Analysis Chart Patterns Wave Analysis

trendanalysis chartpattern waveanalysis

AUDUSD has made an ABC retrace on the 4 hour and is retesting the previous channel on weekly. I have set my stop at the weekly 14 ATR of 120 pips.

Good luck

Comment:

Stop Loss should be moved down now that the top of wave 5 is clearly in. If wave 5 is broken the count is invalidated

Comment:

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