Wave-Expert
Short

LONG OR SHORT ? Post your views below

FX:AUDUSD   Australian Dollar/U.S. Dollar
My idea is that this will go down, please post your ideas or comments below. I am not going to trade this pair as at current time there is better OP presented by other pairs. The idea i have posted below is according to monthly / weekly basis / not on shorter time frames.


Possibility of 3 rectangle top formation is less, it can go further short without making a third triangle top !!!!!
I suggest there is also a massive head (1.10) and shoulders with a neckline around 0.85 which projects down to 0.60 possibly within 6 to 12 months.
Cheers
John
+1 Reply
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