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Phils_Ocean

AUDUSD 4H Wave Analysis

Long
Australian Dollar / U.S. Dollar (FX:AUDUSD)  
Phils_Ocean  
FX:AUDUSD   Australian Dollar / U.S. Dollar
Wave Analysis Trend Analysis priceaction AUDUSD
5
0
waveanalysis trendanalysis priceaction audusd
  • Market made 5-Wave move to the upside after double bottom on weekly chart
  • Looks like the correction of wave 2 has ended and bigger wave 3 is about to start
  • Market landed on the pip at 61,8% Fib level, small SL
  • Target is next strong horizontal resistance on daily chart

Just for educational purpose. This is no investment advice. Learn how to trade on demo account first before risking your own money.

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