Australian Dollar / U.S. Dollar
Short
Updated

A new wave has already begun

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wave (4) has been formed and wave (5) has allready began. Wave (4) has been formed and wave (5) has already begun. It's likely that we are in wave 1 of (5).
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It is possible to set short positions because it seems the wave {iii} of 3 will begin shortly.
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Wave {iii} started
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It seems that the wave (ii) has been formed and wave (iii) of {iii} will start soon.
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This structure is based, that the swing resistance 0.79092 hold and finally break up the up level of the downtrend channel and the level 0.79548 too. In this case the possible final target of wave {4} is 0.81545-0.81919 area.
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Trade active
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This counting will be confirmed if the resistance at 0.79548 broken. Will see....
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Three targets are in play.
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