Last week we shorted AUDUSD just after the NFP with the potential of an even bigger trade.
Yesterday we saw the break lower and I'm still holding my original short. Nevertheless nothing moves in a straight line and therefore i will be watching for a consolidation before selling the AUDUSD again.
The wave count is an indication and too soon to tell at the moment since this current leg lower might accelerate. However selling from this zone is not interesting for me.
Updates will follow once we see a clear consolidation to be in progress.
www.timstuyts.com
facebook/timstuyts/
Yesterday we saw the break lower and I'm still holding my original short. Nevertheless nothing moves in a straight line and therefore i will be watching for a consolidation before selling the AUDUSD again.
The wave count is an indication and too soon to tell at the moment since this current leg lower might accelerate. However selling from this zone is not interesting for me.
Updates will follow once we see a clear consolidation to be in progress.
www.timstuyts.com
facebook/timstuyts/
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www.tradingview.com/chart/s0ozu7mw/
