Wave-Trader
Long

AUDUSD is setting up for big bullish ride

OANDA:AUDUSD   Australian Dollar / U.S. Dollar
Hi everyone,

AUDUSD was strong bearish in 2018 and we were selling AUDUSD right from the top when it was at the 0.81. The bearish fall was very nice and we enjoyed that fall very well.

Now its time to look for it to go back up and hit the 0.81 area again. . So we have enough price action on lower time frame for reversal. Which means we should look for long on new within the correction on lower time frame for reversal on AUDUSD . You will have many buy opportunities on AUDUSD . In the same way the way you were having sells every time when it was correcting back and you guys were selling it.

How you can trade on this chart.

1. We are already having very nice strong impulse and if you missed the long from bottom then watch for one more bearish wave on lower time frame and go long from new low.

Or

2. In Case price keeps pushing higher then wait for the correction and look for long.

Or

3. Wait for my updates. For these updates you can follow my weekly market outlook where i show how to look for buy. Or Simply wait for my lower time frame updates on AUDUSD .

We are expecting that AUDUSD will be strong bullish in 2019.

This is the longer term opportunity which should not be missed.

Good Luck

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Comment: One more bearish wave and then look for longer term long from new low.
Comment:
Very good charts as always, welcome back to Tradingview.
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Great analyse ! I'am agreed with you and i'am happy to see you again on Trading View :)
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Great to see you back bro!
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Wave-Trader Chartsmith
@Chartsmith, Pleasures.
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