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glennmercer

Short EURAUD: EW Correction to Cypher Completion

Penjualan
Euro / Dollar Australia (FX:EURAUD)  
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FX:EURAUD   Euro / Dollar Australia
Cypher Elliott Wave EW wavetheory waves breakout gmercerfx glennmercer correction correctivestructure continuation
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cypherpattern elliottwaves ew wavetheory waves breakout gmercerfx glennmercer correction correctivestructure continuation
EURAUD has entered a corrective structure after completing a five wave impulse. This iis a setup to trade iii of c toward the completion of a bullish cypher pattern. The cypher PRZ is confluent with previous fourth wave support and the 50% retracement of the impulse. Entry is triggered on the break of the trendline with SL above structure highs and target near cypher completion.
Order dibatalkan:
No breakout, awaiting PA
Trade aktif:
Short active on recount and new trendline break and retest:
snapshot
Trading ditutup secara manual:
Closed at +24 pips before NFP

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