Daily Chart on AU
Instrument looks to be in a wave 2 down.
The wave 2 should complete at 0.618%, or more likely
at the gap below. When complete, it should be in a strong
wave 3 up to target levels shown. Note, wave 3 blue will
also subdivide in 5 waves as it move up to target area.
The wave 2 should complete at 0.618%, or more likely
at the gap below. When complete, it should be in a strong
wave 3 up to target levels shown. Note, wave 3 blue will
also subdivide in 5 waves as it move up to target area.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.