Of all the Aussie pairs this seems to be the clearest
pattern of 5 impulsive waves down and a-b-c 3 wave
flat type 3-3-5 correction unfolding. I'm thinking this will hold about
the area of the trend line break, of course, it could go higher,
especially if this is a 2nd wave as my primary count indicates.
Perhaps the C wave will show a clear 5 waves to clarify where
the short entry is ideal and the candlesticks define the risk.
pattern of 5 impulsive waves down and a-b-c 3 wave
flat type 3-3-5 correction unfolding. I'm thinking this will hold about
the area of the trend line break, of course, it could go higher,
especially if this is a 2nd wave as my primary count indicates.
Perhaps the C wave will show a clear 5 waves to clarify where
the short entry is ideal and the candlesticks define the risk.