AUDUSD Short: Drop The Bass!
Updated
Hey traders! A crab is complete on the 1H in addition to (possibly) the corrective wave structure. The bearish impulse suggests a potential turning point, so any price action above the beginning of the drop will invalidate the trade; hence Sl is placed at this level. ALSO, this reversal is occuring in a special zone, the wave-(ii) s/r zone, which adds to the probability of reversal here. Happy trading!
Trade active
This one's live ladies and germsTrade closed: stop reached
Deeper correction on the USD. Keep the losses small! Further analysis to come
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