Australian Dollar / U.S. Dollar
Short
Updated

100+ pips down move left in down leg AUDUSD Bearish setup

164
There's more than 100 pips on the offer in this last leg to the downside
Note
Short structure still valid, wave 4 went onto touch 0.618 of last impulse . Looking down -> snapshot
Note
No change in bearish view, still valid idea. expecting last leg down in Aussie snapshot
Note
Alternate wave count -> snapshot Idea still remains bearish, but with more complex correction instead of simple ABC
Note
Alt count if Aussie choose to go higher on a bullish run -> snapshot

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.