Hey fellow traders. Here on AUDCHF we have an almost complete 5 waves up. You should wait for the completion of our 5 wave structure before taking any shorts to the downside. I anticipate two targets. Good luck to all.
I'm anticipating an impulsive five wave down move from this point to complete the zig zag 5-3-5 pattern.
Initial target at 8200 stretch target around 8125 as there's a gap to fill from 24th June! This would also be an AB=CD equal wave pattern.