AUDUSD: A down wave will be coming soon...

Hey Traders, AUDUSD is almost ready for a down wave. Wait for market to go above 0.7500 and look for sell setups, if we get setup before 0.75 we might go for it as it's a medium term trade.

P.S. Do not think that market cannot go higher, wait for your sell setups before you jump in.

If you want us to post more charts, setups and explain more about the next move, make sure to follow us, like and comment.

At "We Trade Waves" we are 2 partners, Alain M and Tee S. After experimenting most of the known theories over the past 12+ years, we came to the conclusion that not a single system is powerful enough to make you a consistent profitable trader so we have created our own unique system which is a combination of Wave Analysis, Elliott wave theory, Price action, Market structure, Order blocks, Levels and our findings.

What we are sharing here is only our point of view on what could be the next move in the market based on our wave analysis concept so this is a directional bias and not signals...


DO NOT FORGET OUR 4 GOLDEN RULES:

1) Do not over-risk
2) Do not over-trade
3) Do not trade without stop loss
4) Never ever add to losing position


Trade with care
We Trade Waves Team

Comment:

Market went above 0/75. Any sell setup we get, we will go for it.

Comment:

If you get in, manage your trade specially if market breaks 0.7456 today