AUDUSD Wave Analysis
Please give this idea a LIKE if you find it helpful :)
AUDUSD is in a downward channel for quite some time now.
We formed a triangle with an ABCDE-Pattern which is Wave 4.
In the last sessions we broke out of the triangle and formed wave 1 of the last wave 5 to the downside.
Currently Price is correcting to channel line, and the breakdown should start soon.
This is no Investment advice. Just for educational purpose.
AUDUSD is in a downward channel for quite some time now.
We formed a triangle with an ABCDE-Pattern which is Wave 4.
In the last sessions we broke out of the triangle and formed wave 1 of the last wave 5 to the downside.
Currently Price is correcting to channel line, and the breakdown should start soon.
This is no Investment advice. Just for educational purpose.
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