Aussie is now in a corrective wave, look for both short and long
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Hello fellow traders,
An impulsive wave has just been started with Aussie at 4H TF; as we have detected that it currently finished its 1st impulsive wave and now a corrective 2nd wave is probably occurred.
For market trading style traders can look now for a short, tp zone should be at around the depicted second corrective wave.
*For trend traders, just keep waiting until Aussie finishes its corrective phase and starts again heading northward, then it should be the time for a long.
Take your look at the depicted chart for more reference.
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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.