I'm looking at a potential long opportunity off the daily AUD/USD .
- Wave C of an correction of the previous impulse is coming to and end and I project it wrapping up around the 0.75000 level (2.414 extension of AB).
- Very strong trend-line that has been respected for almost 2 years and intersects at that same level.
- pattern that has some very ideal fib ratios and also completes at 0.75000 level.
- Positive divergence
Any feedback would be greatly appreciated
Not sure I want to hang on to this for any longer.