AUDUSD - Possible short setup.
Updated
Looking to short AUDUSD -0.09% .
- Bearish Cypher
- Huge divergence on 1H and 4H time frames. Clearly price is losing it's momentum .
- On 4H all five waves are finished (w;x;y;x;z).
- All Daily, Weekly and Monthly pivots are in green resistance zone .
*** Guys trade carefully! If it shows that it's ready for the one more move down don't miss it!!
If it turns I'm expecting at least to reach 38.2 of that move.
- Bearish Cypher
- Huge divergence on 1H and 4H time frames. Clearly price is losing it's momentum .
- On 4H all five waves are finished (w;x;y;x;z).
- All Daily, Weekly and Monthly pivots are in green resistance zone .
*** Guys trade carefully! If it shows that it's ready for the one more move down don't miss it!!
If it turns I'm expecting at least to reach 38.2 of that move.
Note
Finally, I'am in this trade already for two weeks and it's finally going! I'm moving my SL to profit.Note
Happy for those who are in with me on this one!
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