SMALL SELL FOLLOWED BY MAJOR BUY (ELLIOT WAVES)
I believe for AUDUSD we are currently in Wave 2 in the Major Timeframe. Within the Major Wave 2 which seems to be unfolding as a ZigZag Structure we seem to be in its Leg C. Within that Leg C we are in its final wave down which is Wave 5(Leg C). After the next down move i expect this pair to be very Bullish till further notice. Always wait for breaks outs and confirmations before entry. Good Luck
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.