AUDUSD Long: Potential Power Reversal

Actualizado
Hey traders! Aussie is showing some signs of strength into the new month as it tries to reach for some of those missed pivots. I like the signs we're seeing here with the initial bullish impulse. I want to be cautious, however, since the overall momentum is down. I like the long position over that strong resistance area to ensure the momentum has shifted. Otherwise, no trade. Cheeers!
Operación activa
Solid impulse through buy stop and we have a nice powerful Wave-((iii))-of-C in the works. +40 Pips. Moving SL to breakeven. Good luck all!
imagen
Operación cerrada: objetivo alcanzado
Target has been reached on initial trade idea, however I have added to the position and am still long. All future updates will be provided here:
Nota
AUDUSD Long:  Wave Count Update; Adding to Position
AUDUSDaussiebreakoutcounter-trendElliott WaveEWglennmercergmercerfxpowerreversalreversal

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