traderWgun
Long

Higher in a complex manner

FX:AUDUSD   Australian Dollar / U.S. Dollar
335 views
11
335 0
Looks like we are in a complex correction from January lows.
The two first legs of the correction got completed at .7242 high,
from where we got a correction to the .382 fib level.
After that we got a leading diagonal wave A and a flat wave B

The markets needs to hold .706 and more importantly the .697 lows
to see fresh highs above .7242 high.
Minimal target is at .727/8 where A=C comes in,
and from there we could see an advance to .737 level where W=Y.

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Good luck!
Mar 02
Trade active: Here is an update:
Mar 02
Trade closed: target reached
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