We are trading within a corrective structure. Corrective structures can be very tricky at times but one point to note is that the last leg always ends with a 5 wave count. In this case we have a 5-3-5
Note
We took profits on this and we will be looking for wave count confirmation to go short on Aussie. Happy pippin Traders
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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.
Related publications
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.