Wave-Trader
Short

AUDUSD Watch price action for one more drop

OANDA:AUDUSD   Australian Dollar / U.S. Dollar
Hi there,

AUDUSD is still struggling for reversal and we may see another bearish drop before reversal.

So watch price action at current price for one more drop and look for sell.

Good Luck
Nov 14
Comment:
Nov 14
Comment:
Thanks for sharing. But I don't understand why the forecast is 32 bars.
Thanks again.
+2 Reply
YoussefMehni Montanaro
@Montanaro, 44 days is 6 weeks so 6*2(weekends) 12 .44-12=32 days
+1 Reply
Montanaro YoussefMehni
@YoussefMehni, I thank you for the answer, but my priority is not the arithmetic calculation. I'm more behind, why 44 days and not 20 or 100? I didn't understand this. Thanks
Reply
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