Hi
I think that AUDUSD is promised to rise up, after finishing a wave 2 (in zig zag). So it's not the time yet to take a (very) long position; but, according to my analysis, i think that wave B of the ziagzag could reach the fibonacci cluster around 0.7560 & 0.7590n, before declining
lot of traders have certainly seen the Head & shoulders formation, so the end of wave B (witch is the top of the second shoulders
so, the plan is : long till the fibo cluster, thant short (till minimum the 100% expansion of wave A of zigzag) than long, for wave 3
I think that AUDUSD is promised to rise up, after finishing a wave 2 (in zig zag). So it's not the time yet to take a (very) long position; but, according to my analysis, i think that wave B of the ziagzag could reach the fibonacci cluster around 0.7560 & 0.7590n, before declining
lot of traders have certainly seen the Head & shoulders formation, so the end of wave B (witch is the top of the second shoulders
so, the plan is : long till the fibo cluster, thant short (till minimum the 100% expansion of wave A of zigzag) than long, for wave 3