7 - AUDUSD - FX Majors | Reversal & Impulse | July 2019
AUDUSD labeled within a Double Three Bullish Correction, within a (W)(X)(Y) (pink).
Patterns:
- Intermediate (W) (pink) - Zig-Zag
- Intermediate (X) (pink) - Bridge / False Break-out
- Intermediate (Y) (pink) - Minor degree ABC (orange) sequence
- Minor A (orange) - Leading Diagonal
- Minor B (orange) - Expanding Flat
Minor C (orange) has started and about to finalize Minute i (green). After the correction in Minute ii (green), a rally should begin in a five-wave sequence.
Patterns:
- Intermediate (W) (pink) - Zig-Zag
- Intermediate (X) (pink) - Bridge / False Break-out
- Intermediate (Y) (pink) - Minor degree ABC (orange) sequence
- Minor A (orange) - Leading Diagonal
- Minor B (orange) - Expanding Flat
Minor C (orange) has started and about to finalize Minute i (green). After the correction in Minute ii (green), a rally should begin in a five-wave sequence.
Note
AUDUSD starting a bullish extension very soon.Note
Note
AUDUSD extending on the up-side.Note
AUDUSD structure expanded in its complexity.Minor B (orange) completing under an Expanding Flat.
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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.