Long term swing AUD/USD SETUP NOW!

٢ مايو ٢٠١٧

Well it seems we have a long term setup which began at the start of this year. The correction has took quite a while (4 months to be exact) but we are seeing signs at wave (c) that we could have reached a possible bottom. The consolidation held at the 50% retracement level, and I am currently looking for another impulsive 5 wave move up on my micro counts to confirm that the bottom is in completing our wave (ii).