AUDUSD Probably in wave 2 (Short)
Price is most probably still in a corrective pattern as the next move up will be a 3 or C wave which will exhibit some good volume however the lack of volume and also divergence in the price indicates that we might head down one more leg before continuing the uptrend.
Let see how this plays, Good Luck !
Disclaimer: This is only for informational purpose, people taking trades using this idea will be liable of their own loss
Let see how this plays, Good Luck !
Disclaimer: This is only for informational purpose, people taking trades using this idea will be liable of their own loss
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.