Wolfe Waves Formed by Recovering US markets, Aud/Usd, 30min

9 de jul. de 2015

Our entry has just been executed while I was on a conference call here about an hour ago. The wave series has completed and begun to push up into the profit region, it is likely that the market will continue to rally in the dead hours of the day being that the Us markets began a correction of about 35 points today.

I had originally placed my entry at point 4, but some skepticism arose prior to filling , and i pulled the trade and waited for a recovery. I ended up entering at some support just above point 4 and will be long to some support up around .75300.

I have my stop places at the structure level created by point 1, just in case the market would like to retest point 2 before rallying on to our profit.

Thanks for checking out this trade, please I have many other trades and information about this week and next week's market moves on my page if you wouldn't mind checking those out , don't forget to like and comment on those trades if you agree or disagree even.

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