AUDUSD, 4hr tf, sell to ride Ellitt Wave 5th wave

Hello my friends,

This is the first day of October and i hope everyone gonna have a good trading month.

The first trade i took for October is selling AUDUSD.
I used Elliott Wave analyis for this trade and taking sell position as i found that price already finished moving with wave-4.

Wave-5 gonna be anoter downward movement so we will ride it.
Wave-4 rule is it never touch wave-1, in this case we will use wave-1 area as a stop loss to invalidate our analysis.

Wave-5 usually retrace to 76.8-127.2% of wave-4 but i am gonna use conservative target and aim the 76.8% fibonacci

Sell AUDUSD 0.7185
Stop loss 0.7120
Take profit 0.7150

RR raio is 1 : 3.8
Use only 1-2% risk
Good luck

Disclaimer : I sold AUDUSD at 0.7185