TradingEW
Short

EURAUD short on last leg down

FX_IDC:EURAUD   EURO / AUSTRALIAN DOLLAR
42 1 4
Last leg v of larger correction (4) due to complete near 0.6182 retracement of (3).
Sell at the top of iv, target 0.6182 retracement, SL at break of upper channel line.
Order cancelled: entry order not triggered
Entry order not triggered and cancelled, at the same time there's no evidence of a 5 waves impulse wave c for completing correction iv and could be coming next.
Thus, still in consolidation but looking for long term advance from under 0.6182 x (3) retracement.
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