AUDUSD short entry zones: AU retrace to scalp
Atualizado
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:
Nota
Another zone hit. Nota
Wow, check this out: 
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