AUDUSD potential long term buy
After the completion of the elliot wave 1-5 cycle, i am now expecting the corrective abc pattern to form before the impulse into the new cycle.
A strong rejection of the fib level on wave 5 indicated strong buying power into the corrective phase,as seen by the potential flag setup to continue the upside movement.
A strong rejection of the fib level on wave 5 indicated strong buying power into the corrective phase,as seen by the potential flag setup to continue the upside movement.
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