Insidemarket
AUDUSD - Daily fractals: counting waves.I am seeing a lot of ending diagonals lately. In fact, they are common and appear at the exhaustion of the wave.
This ending diagonal on hourly is a 'C' wave of the ABC at daily. This daily ABC is a 4th wave of a greater ending diagonal on weekly basis, if my wave count is right. (SEE 'RELATED IDEAS' BELOW).
Trade with care!