Expanded Flat corrective wave 2 ABC has finally completed at 0.98428
Now we are at the beginning of wave 3
Take profit 1 @ 1.0165
Take profit 2 @ 1.0240
Take profit 3 @ 1.0265
Stop loss 0.9790
it may take a while to hit the target but it will be worth it.
Just sharing my thought
As i mentioned before we are looking at a long term major uptrend formation.
For now Long Term wave 1 seems to be completed at 1.00696.
Corrective wave 2 seems to be forming as a 5-3-5 formation as shown above.
Wave B of 2 has been completed at 1.00604 and we are at the beginning of Wave C.
Take profit at 0.9900
Stop loss at 1.0080
Just sharing my thought.
AUDSGD is at the beginning of a LONG TERM UPTREND.
For now, currently it is completing wave 5 at the range of 1.0050-1.0065
After that there will be ABC correction.
Take profit 1.0050
Stop Loss below 0.9872 somewhere around 0.9860
Just sharing my thought.
