EuroMotif

AUD.USD short scalp options: AU nearing end of bounce wave?

EuroMotif Mod Updated   
FX:AUDUSD   Australian Dollar / U.S. Dollar
Quick plot to look for possible short entries.
Need to see a clean Ping and acceleration.
Time wise, UK open or US open being ideal.

The rejection at .67601 MAY have been the top!
Another push and clean hit of .67627 would be nice.
Of course, the higher the entry the better the ride.

Previous AU shorts and targets:
Shorts scouted with warning of bonce
Profit Targets fine tuned just before RBA news
Early resistance zone plot after RBA news

Comment:
Close enough, Limit Sells triggered I use a "ladder" of orders in a + or - 5 pip range around my exact line. If it comes up again, I will fill more orders.

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Comment:
Trailing stop hit on first attemp. it did react to the fib, but surpassed it. Will look for the next fib now.

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