nelsyboy

AUD/USD Possible Path

Short
FX:AUDUSD   Australian Dollar / U.S. Dollar
Good cross on 15SMA and 5EMA. MACD also crossed (set as default). Momentum indicator below 14MA. All in all, the parameters are set for a SELL deal. Just got to get the price right. If it's a true mini Elliott Wave pattern, then wave 4 up should not overlap bottom of wave 2 down. Target price will hopefully be about the 15SMA price when the future buying candle stops and closes on it but does not reach the blue horizontal line.
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