Last week downslide on AUDUSD apparently the 1st wave of downtrend which is already started.
Inverted can be observed on this 1st wave pattern. Which mean it is a Start of a descending trend.
And Full 5 wave on this 1st leg very clear enough.
Yesterday (last night) surge do also quite clear on the pro's eyes, it was a correction move 5 - 3 - 5 of Wave (2), which is the C Wave do spike straight up, and its about to end. (or it may be already end)
The surge also manage to reach of Wave (1)....which is also a typical retracement of Wave 2 on wave 1 as a beginning.
The Best Part, we are about to enter wave 3....Big money here...he..he...
Invalid level will be 0.7385, as the start point of wave (1)
I'll brief you next on how to use the rifle & the scopes.
Mean time...you can shoot (short) anyway you want at current level price 0.7296 till 0.7385 (wave 2 can retrace 100% of wave 1)
SL slightly above 0.7385 ( 0.7390 should be enough)
Have a Good Hunt...Ladies & Gents .
I'll see you at lower price.
Aussie about to made a move up
Aussie is going to Kick Up again.
Good for Long on monday opening next week. You have to wake up very very early in the morning then....for asia continent, and....US.....it will be your lucky afternoon for market entry..
RSI has shown divergence upon price descend.
Watch your head!!....he is kicking up high....to 61.8% or 78.6%....
Oh Boy...what a big foot !!.....
78.6% expansion of A-B will the aussie finish line of this rally.
And he's gonna run south
Update on the next broadcast.