AUDUSD ended triangle correction, now on the way up

FX:AUDUSD   Australian Dollar / U.S. Dollar
440 15
I was looking at a triangle correction that seems to have finished, wave 1 up completed and wave 2 aldo probably complete. Looking to trade wave 3 and 5 of 1
Comment: great move after the bottom
Hi! thanks so much for sharing these ideas! have a question on AUDUSD. why do you think it's not a wave 5 down?
AntMybuck AntMybuck
don't know how to publish my chart here.. I meant Daily move down from 1.0500
TAS AntMybuck
you publish on the blue button at the bottom, then copy the link and paste here
TAS AntMybuck
Thanks for the chart. This could also be. What I'm looking at is after your wave 3 (same as mine) we have a wave A, the a triangle B and a wave C missing. My up move is that C that's missing, then I agree we are on a wave 5. But both could happen.
interesting! thanks for explaining this. may I ask what's your favourite book/site for better waves understanding?
TAS AntMybuck
Something like this. I know of no site. Books, I've read the Robert Prechter ones, Robert Balan, and severall others. I don't use only wave count on my charts, but I clean them up because then they would have many lines and nobody would find them helpfull.
thanks again. I also hate all that noise from indicators. but what's hard with waves for me is that there are a lot of uncertainities (like that one with AUDUSD). i wish I could read all this much better
Thanks now I know this )
TAS AntMybuck
wave 2 should end on a 5 wave down on a lower timeframe. Show your chart so I can see what you see.
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