AUDUSD, WW, longterm

FX:AUDUSD   Australian Dollar/U.S. Dollar
a year ago
We have a correction after complete EWs             as a bullish flag .
And we have 2 WW, last one completed just now.
There is a high chance of breaking the flag and going up at least to the last resistance.
1. 2 wolfe waves marked with green arrows;
2. Bullish flag with a strong support level that was rejected two times;
3. Complete EW before flag makes it a correction before the next long move

Few different outcomes in order of probability:
1. Bounce from the bullish flag , then retesting support and finally a free AUDUSD             ;
2. Breaking of a flag long;
3. Breaking of a flag short and then continuing bullish trend from support lvl             ;
4. Breaking all the levels, because idc             thats why, probably it would be because of a triple highs.

Would consider close before the flag resistance and then reopen depending on price action.

Good luck.
a year ago
Trade closed: target reached
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