What we have here is a nice pattern within another Pattern with nice support for entry and resistance for targets on AUDUSD .
also going in a nice level. I would still see for nice divergence for a conservative entry.
Expecting an complex correction ABCDE after the completion of 5th wave.
Risk reward is > 1.5
Possible Shortterm short Signal after Breakout of support and consolidation.
Entry Type Pending Buy Limit, stops & targets on the chart. Stops can even go below the 4th Wave low Price - 0.1% but it messes up the R/R. Act according to your trading Plan.