AUDUSD short Idea: AU to retrace but how deep?

מעודכן
This is a follow up to my previous long call:
AUDUSD uptrend continuation pathways: AU strength to conitinue

Long targets were hit perfectly. Now shorting the expected retrace.
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Background:
I am a longer term AUD bear, anticipating a serious drop yet to come
AUDUSD to reach down to .58500 by end of 2018 ?


Since then I have been looking for shorting opportunities such as this recent plan
AUDUSD shorting plan: AU bounces to short


After a nice ride down, I went long which worked out very well
AUDUSD ready for a bounce? AU long entry zones to watch


And then I caught the recent stair step down quite nicely:
AUDUSD short entry zones: AU retrace to scalp


After some good news about the US-China Trade War, I was expecting a significant move up:
AUDUSD bull scenarios: Trade War news to give AUD a boost?


So the current plan is to short the expected retrace
AUDUSD short Idea: AU to retrace but how deep?
הערה
AU gapped down precisely into the first support zone. תמונת-בזק now watching the attempted Gap Fill to gauge momentum. The good news is that the gap's Fib extensions point to the final target quite precisely.
הערה
Gap fill attempt might be done. Limit order was triggered at the .236 תמונת-בזק
הערה
Nice progress thus far. תמונת-בזק Notice the perfect bounce from intermediary support zone
הערה
Final Target hit. Have closed 80% of position now, 20% riding with right trailing stop. I expect a bounce here תמונת-בזק
עסקה סגורה: היעד הושג
Trailing stop on remaining position hit תמונת-בזק that might have been the low for the week, but will keep watching for most possible shorts
Elliott WaveFibonacciSupport and Resistance

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