A truncation is in the correction flat wave
Based on the chart, I realized a truncation wave what is completed at 0.71728.
AUDUSD is retracing to around 0.77834 (wave B), why?
Because, wave A is truncation that proved seller's weakness and wave B can retrace to 0.236 Fib to complete a flat wave.
Time will tell....
AUDUSD is retracing to around 0.77834 (wave B), why?Because, wave A is truncation that proved seller's weakness and wave B can retrace to 0.236 Fib to complete a flat wave.
Time will tell....
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