FX:AUDUSD   Australian Dollar / U.S. Dollar
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15
A month ago I wrote about my three scenario's for a bullish move 'towards what I determined to be fair value' @0.81. (see link below)
There are two scenario's left for trading purposes. We either see a triangle correction for wave 'B'. Or wave 'c' is already in place and price is expected to correct in a wave 2.

Short term I'm looking for a bearish move towards at least 0.76.
I will therefore be looking for another short trade in the beginning of the week.

Updates will follow.

Comments

Hi Tim,
Enjoy your work, any chance of an update on dxy and aud/usd ?
Cheers
John
+1 Reply
TimStuyts johnm600
@johnm600, thank you John, that's good to hear. At the moment I'm primarily focused on teaching my course and my trading group, both with life time access. I will post examples of my work on Trading view now and then. Visit my website for more information in case you are interested. Safe trades!
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