for daytraders. see my EURAUD analisis *long term*
full confirmation at break of marked structure. lets have some patience
analisis, this one will take out those lows, still not ready for big sell
another potential setup. it may go for the 61% before the fall. so i place a sell stop order as you prefer, go hunt this one tomorrow
5th leg for full wave take care of risk management.
1:5 RR sell setup (swing, you may hold this operative some weeks) use a moderate lot size according to your account
1:2 RR for daytraders or short term traders trade with care