AUDUSD SHOWING A BEARISH COUNT! GO SHORT.

12 Nis 2014

The counts from the top (Oct 15th) indicate that the Elliott wave cycle is indeed complete. We can expect a pullback in the coming days. The alternate counts also indicate that a fourth wave is about to begin. The minimum target is around 0.9280. The prospect of a fourth wave could also mean a bumpy ride to the target.

Good luck and cheers.