H1 We have 3 up with bearish divergence, Looks like we are getting a running flat for the possible 5th wave up. If your not already in a long position I wouldn't advise to take the last piece up as we already have bear divergence. If your in a lower position move your SL just under the possible running flat internal C wave low or at least half off because if the running flat doesn't go we more than likely will get the larger H4 internal wave B.
If your not in a trade it's best to wait for the H4 internal B wave to complete before looking for the buy.
My H4 view stay's the same so checkout the H4 idea detail's and update's to get up to speed. AUDUSD H4 Wave C UP.
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If your not in a trade it's best to wait for the H4 internal B wave to complete before looking for the buy.
My H4 view stay's the same so checkout the H4 idea detail's and update's to get up to speed. AUDUSD H4 Wave C UP.
If you would like to see more trade setups like this, hit the follow button. If you like my analysis, hit the thumbs up so others get the chance to see this potential setup and you get updates on the trade!
Thank's to all the traders in advance that hit the thumbs for your support!
Comment:
1st TP hit on the H4 idea, Lets see if we get a larger correction down now on H1.