Intraday Setup....
Daily - Aud/Usd is currently in the Minutte wave [v] within [abcde] correction which seems like e bearish channel.
4 hour - Completed C-D correction and E is yet to happen.
1 hour - Subminuette Wave i-v complete within C-D
Signal : Bearish Structure (Head & Shoulder)
Entry : Entry at confirmed breakout of the neckline.
Will be looking for an opportunity to sell b-c correction.
Daily - Aud/Usd is currently in the Minutte wave [v] within [abcde] correction which seems like e bearish channel.
4 hour - Completed C-D correction and E is yet to happen.
1 hour - Subminuette Wave i-v complete within C-D
Signal : Bearish Structure (Head & Shoulder)
Entry : Entry at confirmed breakout of the neckline.
Will be looking for an opportunity to sell b-c correction.
Trade closed: stop reached
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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.