VladimirRibakov
Short

AUDUSD Double Wave Cycle almost ended.

FX_IDC:AUDUSD   Australian Dollar / U.S. Dollar
51 0 4
After a double wave cycle that is now almost completed, we are looking for retraces. Sell the break of the red TL as we have a bearish divergence on H1. We should see the monthly TL retested again.
As we can see a bullish convergence already we would like to see price to restest the M TL before going long.
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