Fxprotrader
Long

AUDUSD@ ABC Correction Coming

FX:AUDUSD   Australian Dollar/U.S. Dollar
Audusd             has completed a 5 wace cycle to the down with wave 5 ending at a major long term support level. What we expect now is price to start a correction with a bullish divergence with RSI adding to that. I have already enter with a long trade, but another way to trade this market is to wait for price to break the resistance of the channel (black trendlines), wait for a pullback to complete wave B and finally enter the market for wave C.

I will come back with this setup if this scenario occurs.

Like & Comment..!
Website: www.fxproblogger.com/
Mentoring: www.fxproblogger.com/mentoring-program/
Twitter: www.twitter.com/fxproblogger
Facebook: www.facebook.com/fxproblogger/
Trilo
a year ago
Nice wave analysis!
+1 Reply
Fxprotrader PRO Trilo
a year ago
Thank you very much..!
Reply
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Billing Sign Out