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Forexexpats
Oct 9, 2021 11:42 PM

Final correction on all majors. Wave 1 equals wave 5. Short

Australian Dollar/U.S. DollarFXCM

Description

This could be the final wave correction where it's common for wave 1 to equal wave 5 . It also fits nicely into a double bottom as shown, for the bullish start of new cycle.
The long term USD direction should be down, but nothing goes in a straight line.








Comments
AleksDIO
And why not lower 0,6? Where is logics? Better say frankly - yuo dont know the further way. As I do.
Al_Y
Great work here
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