Ed_Ale

AUD/USD Short

Short
Ed_Ale Updated   
FX:AUDUSD   Australian Dollar / U.S. Dollar
Possibly the Australian dollar against the American dollar has a fall because it has 4 confirmations:

• Wyckoff Accumulation

• Butterfly harmonic pattern

• Rising wedge


• Reaction of an Order Block in 4h

The first three factors tend to reverse the trend or set the tone for a new trend, which in this case would be bearish apart from the fact that in elliot waves the rising wedge marks the end of a wave, whether it is "1", "5" or "C" wave.

Wait for it to reach the entry area






Trade active:
Comment:

Break Even
Trade closed: target reached:

TP1 🫡🤩
Trade closed: target reached:

TP 3 SHESHHH
Comment:
My personal second entry



Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.