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Linton_White

One More Wave Up Before A Big Reversal

Long
Australian Dollar / U.S. Dollar (FX:AUDUSD)  
Linton_White  
FX:AUDUSD   Australian Dollar / U.S. Dollar
Trend Analysis Chart Patterns Wave Analysis AUDUSD structure structuretrading wavetrading aussiedollar audusdbuy audusdlong audusdsignal audusdforecast
3
0
trendanalysis chartpattern waveanalysis audusd structure structuretrading wavetrading aussiedollar audusdbuy audusdlong audusdsignal audusdforecast
A text book corrective structure has formed on the H1 time frame AUDUSD. When price breaks the low of wave 3, I will be looking for reversal signs to trade this structure to the upside. Thereafter I am expecting a larger move to the downside to complete a structure formation on a higher time frame.

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Happy trading!
Linton
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