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TradingEW
Nov 11, 2015 6:08 AM

EURAUD short on last leg down Short

EURO / AUSTRALIAN DOLLARICE

Description

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
Comments
TradingEW
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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