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AschraM

AUDUSD in a downtrend, currently possible buy correction in prog

Short
Australian Dollar / U.S. Dollar (FOREXCOM:AUDUSD)  
AschraM Updated   
FOREXCOM:AUDUSD   Australian Dollar / U.S. Dollar
Trend Analysis Chart Patterns Wave Analysis
2
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trendanalysis chartpattern waveanalysis
Currently AUDUSD is in a downtrend but I am expecting this to correct up to 61.8% FIB. I have TP ZONES on the way up. My entry was a clean .70577 with a stop moved up .70608

Short term buy
TP1 @.71000 -.7120
TP2 @.7140 - .71550
TP3 @.71700

SELL ENTRY to be determined (TBD) on exit of buy. I will be looking for a sell pattern for that opportunity. Good luck Traders hope you enjoy my analysis!
Comment:
TP1 hit
Comment:
Au giving another buy in opportunity. I have added a new position for a buy again
Comment:
AU BUYS CONTINUE
Comment:
TP2 hit
Comment:
tp3 hit .7170

----I have shorted but it may still go up---
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