Hi traders,
Last week AUDUSD made a correction to the fib 78.6 retracement and made a small impulsive leg to the downside.
This week we will look on the lower timeframes for a small correction to the last supply area which has fib confluence. And after confirmation we will sell.
If you want to learn more about trading with supply and demand and wave analysis, please make sure to follow us, give a like and comment.
This shared post is only our point of view on what could be the next move in this pair based on our analysis. We do not provide signals.
Don't be emotional, just trade!
Eduwave Trading
Last week AUDUSD made a correction to the fib 78.6 retracement and made a small impulsive leg to the downside.
This week we will look on the lower timeframes for a small correction to the last supply area which has fib confluence. And after confirmation we will sell.
If you want to learn more about trading with supply and demand and wave analysis, please make sure to follow us, give a like and comment.
This shared post is only our point of view on what could be the next move in this pair based on our analysis. We do not provide signals.
Don't be emotional, just trade!
Eduwave Trading