Boon2

AUDUSD H4 50fib Retracement.

Long
Boon2 Updated   
FX_IDC:AUDUSD   Australian Dollar / U.S. Dollar
H4 We have 5 waves down with bullish divergence and price bouncing off the 200fib extension in wave Z. Look for your buy setups 1st targeting the 50fib retracement,

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Comment:
I never got an entry but if you did the low has been broken so you should be out of the trade. H1 were getting more divergence and were now in a channel, I am expecting upside but now we will need breakout of channel before looking for a setup.

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