traderWgun

Two views for the confused

FX:AUDUSD   Australian Dollar / U.S. Dollar
408 4 0
MAIN VIEW:
We are in a triple zigzag correction and should see new lows
as long as .975 holds.

ALT VIEW:
We have completed an A-B-C correction,
where wave C was an ending diagonal .

Standing a side for now, looking for clues to confim on of these views.
Look below to find out why my main view is bearish .

Follow all my demo trades at http://www.myfxbook.com/members/tlkemmy/demo/854232
Good luck!

Related Ideas

snapshot
reached equal legs, but I don't like the structure of the proposed 5ws rally. let's see what happens next.
Reply
I expect at least another one leg up.
Reply
snapshot
equal legs and 23.6% fib comes in near the cossover trend line
Reply
snapshot
Long term count the suggest a another wave higher. Fibs are looking good also
Reply
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