AUDUSD short Idea: 2 possible entries on AU

26 sie 2018

Looking for a shorting opportunity.
Looks like we still have a wave 5 up to go.
Hopefully London Open will provide an entry op.

The grey zones on chart are from my Support Resistance analysis posted on July 11th:

27 sie 2018

Uwaga

Argh, I might have missed it at least a scalp could have been had with a double top but I was not watching. Oh well, lets see what London brings

27 sie 2018

Uwaga

The EW count is still plausible.
Wave 4 could come all the way down to .7300 and still be valid, but admittedly that would be a stretch. I would still like to see a higher high to declare wave 5

27 sie 2018

Uwaga

2nd short fired

27 sie 2018

Uwaga

SL moved to .7348

27 sie 2018

Uwaga

Stop hit, for a measly 5 pips profit. oh well :(

28 sie 2018

Uwaga

Possible double top at the 2.618 extension as hped

28 sie 2018

Uwaga

Next probably target .73179 with .618 extension of last drop and 3.618 fib of larger tf drop

28 sie 2018

Uwaga

Nice Fib confirmation

28 sie 2018

Uwaga

one more Fib to break and then clear shot at my target

28 sie 2018

Uwaga

Almost there s3.amazonaws.com/tradingview/snapshots/t/TZl8DnQQ.png