Possible future wave setup on the AUDUSD. Looking for a strong bearish move downwards after the Wave 1 pushes corrects back.
We will see how this pans out!
Happy Trading!
We will see how this pans out!
Happy Trading!
Trade active:
Possible contracting triangle underway as well. If price doesn't break the Trend Line, be prepared to see prices rise until about the .7160 handle before executing a short position.
Possible contracting triangle underway as well. If price doesn't break the Trend Line, be prepared to see prices rise until about the .7160 handle before executing a short position.