AUDUSD Short: Wave-(ii) Complete with Ending Diagonal

Hey traders! We have a possible completion of the retrace after bearish impulse on this pair. I have a tight stop placed above highs as any rallies will add uncertainty and invalidate the setup. Big targets below, including missed pivots and 1=3 level. Trade is active, Happy trading!

Kommentar:

She's a beaut, Clark! Nice drop from entry. We're sitting at a snapshot R/R of about 4.6:1 here. Cheers!

Trade geschlossen: Ziel wurde erreicht:

Connection on T2 @ +72pips and a completed R/R of exactly 12. I just took profit on this. I will be looking for re-entry soon. Cheers!