AUDUSD SHORT: Sell-Off In Impulse

9 Oca 2023

AUDUSD is showing considerable weakness signs.
The structure on the up-side since mid-December is Corrective.

A sell-off in a big degree is expected.
I am anticipating Intermediate (C) (red).

My Aussie technicals:

* Ending Diagonal in Intermediate (C) (white)
* Elliott Wave Reversal Pattern
* Upcoming Bearish Divergence
* Running Flat in Minor B (white)
* Double Top Pattern
* Supply Zone
* 161.8% Fibonacci Extension

AUDRUSD SELL Signal:

* Entry @ 0.69250
* SL @ 0.7100
* TP1 @ 0.6620
* TP2 @ 0.6455
* TP3 @ 0.6325

* Safety Measure: when in the green, moving SL to BE.
* SELL Stops on the way down, after pull-backs.

Many pips ahead!

Richard, the Wave Jedi.

9 Oca 2023

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