here on AUDUSD daily TF i can count 2 different wave counts.
one of them shows that wave 4 has started and the other shows that wave 5 has been finished and we are in A wave of ABC correction.
right now i dont know which of these countings is correct, maybe we have to wait and see how price behave.
but what is obvious is that we will have a upward move whether its a 4 wave or A wave.
i removed wave measurments and Fibo ratios for clearity of charts.
the image below is second scenario with ABC correction.
one of them shows that wave 4 has started and the other shows that wave 5 has been finished and we are in A wave of ABC correction.
right now i dont know which of these countings is correct, maybe we have to wait and see how price behave.
but what is obvious is that we will have a upward move whether its a 4 wave or A wave.
i removed wave measurments and Fibo ratios for clearity of charts.
the image below is second scenario with ABC correction.
