Hello Everyone, after breaking even a couple times on my last AUDUSD post, structure is basically the same with a slight change. I have a 5 wave abcde count on this one as to indicate the final wave of this rise. It may end at the 1.27, it also may end slightly above, no garentees. what I do know is once it completes we may anticipate a strong bear wave. If it comes in, then I will be a seller at a flag with a slight probability of having a small position placed at the top. in case of a drop, this setup has big pip potencial: 400 pips
Comment:
Price is now dropping. sell once it flags
David K Giraldo