It seems that AUDUSD is going to complete its fifth wave as an ending diagonal, and is ready to retrace the current trend within next day. Daily momentum is over-sold and 4h momentum is going to become over-sold, too.
Watch the hourly momentum to make a bearish cross to enter the trade. A more careful setup can be going short below the wave 4 of wave 5.
Watch the hourly momentum to make a bearish cross to enter the trade. A more careful setup can be going short below the wave 4 of wave 5.