AUDUSD 123 Bottom

Good afternoon Dynamic Traders,

You may have seen the EURGBP moved up another 100 pips after I exited my trade but but we still have a MACD divergence which suggests the immediate upside is limited. This now also looks like an Elliott wave count of 1,2,3,4,5 and now possibly on an ABC correction.













EURGBP forex chart from Advanced Get.

I entered the AUDUSD this morning on a 123 886 with small capital exposure. Since then I've exited my first position for a 125 pip profit and I've adjsuted my stop to the swing low with a little room for breathing space. This is now gaurenteed at least a small profit of 43 pips.













AUDUSD forex chart from Advanced Get

Good trading.