FX:AUDUSD   Australian Dollar / U.S. Dollar
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6
284 8
it seems that there is a rally starting for wave 5
triangle pattern as wave 4 has been finished.
look at bigger picture on daily TF
Jan 11
Comment:
I agree with your count, I have the same. I believe wave 4 has finished with the wedge and we are in wave 5. I have been holding this pair since 1/5, at this point I am looking for a good time to add to my position.
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farid_ardavani mtmorrissey
good job; every correction is a opportunity to add new position..
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Possibly could continue down. But I wouldn't be surprised if it went up.
+1 Reply
you are right; there is a chance for some upsides and continuing wave4 before wave 5; lets see how it behave..
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Have a looks on my analysis:

+1 Reply
nice ; if it goes for wave 5, there is potential for about 800 pips :D
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Piet.Hein farid_ardavani
So lets surf it if there is a good opportunity!
+1 Reply
Nice count, looks very good. Im waiting a opportunity to sell
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