Possible AUDUSD Wave Setup
Updated
Possible future wave setup on the AUDUSD. Looking for a strong bearish move downwards after the Wave 1 pushes corrects back.
We will see how this pans out!
Happy Trading!
We will see how this pans out!
Happy Trading!
Trade active
Possible contracting triangle underway as well. If price doesn't break the Trend Line, be prepared to see prices rise until about the .7160 handle before executing a short position.
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.