Hi traders,
AUDUSD finished the bigger wave 4 and made a small impulse leg up. We think it is now in the last correction of wave 1. So this week there is a short term buy possibility.
We will look for the finish of the smaller triangle in the last demand area and take a buy after that.
If you want to learn more about trading with supply and demand and wave analysis, please make sure to follow us, give a like and comment.
This shared post is only our point of view on what could be the next move in this pair based on our analysis. We do not provide signals.
Don't be emotional, just trade!
Eduwave Trading
AUDUSD finished the bigger wave 4 and made a small impulse leg up. We think it is now in the last correction of wave 1. So this week there is a short term buy possibility.
We will look for the finish of the smaller triangle in the last demand area and take a buy after that.
If you want to learn more about trading with supply and demand and wave analysis, please make sure to follow us, give a like and comment.
This shared post is only our point of view on what could be the next move in this pair based on our analysis. We do not provide signals.
Don't be emotional, just trade!
Eduwave Trading