AUDUSD: Wave E or wave 3 / Booth are bull waves
I have 2 wave counts.
1/ If price action forms 5 waves of a diagonal ==> there is a 5th wave to trade
2/ If the current price is a correction (don't overlap wave 1 - red zone), next wave is wave 3. A huge move up!
Waiting for the breakout is the best for me!
1/ If price action forms 5 waves of a diagonal ==> there is a 5th wave to trade
2/ If the current price is a correction (don't overlap wave 1 - red zone), next wave is wave 3. A huge move up!
Waiting for the breakout is the best for me!
Trade active
Note
Buy next correction
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.