AU looks to have completed a 5 wave impulse move up and ready for correction.
The Red zones are possible short entry opps, where I will be looking for a reversal pattern.
The Green zones are possible take profit areas, where I will be closing most of position and letting some ride to next possible support.
Background:
I am a longer term AUD bear, anticipating a serious drop yet to come
Since then I have been looking for shorting opportunities such as this recent plan
After a nice ride down, I went long which worked out very well
My last plan was to look for one last leg up and then start shorting
I did go short at the top red zone in above plan, and now looking for more shorting ops with this current plan:
The Red zones are possible short entry opps, where I will be looking for a reversal pattern.
The Green zones are possible take profit areas, where I will be closing most of position and letting some ride to next possible support.
Background:
I am a longer term AUD bear, anticipating a serious drop yet to come
Since then I have been looking for shorting opportunities such as this recent plan
After a nice ride down, I went long which worked out very well
My last plan was to look for one last leg up and then start shorting
I did go short at the top red zone in above plan, and now looking for more shorting ops with this current plan:
Bình luận:
Another zone hit.
I think it may be preparing for a bounce now, evaluating these last moves
Bình luận:
Wow, check this out:
low on candle was .71642, by zone boundary was .71647. Dang it, off by a HALF a PIP. Will try to do better next time
the Golden Ratio is my Religion
the Trading View is my Nation
the Moderator Tag is my Flag
the Trading View is my Nation
the Moderator Tag is my Flag
