AUDUSD H4 50fib Retracement.
H4 We have 5 waves down with bullish divergence and price bouncing off the 200fib extension in wave Z. Look for your buy setups 1st targeting the 50fib retracement,
Good luck and trade safe!
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Good luck and trade safe!
If you like this idea hit the thumbs up to show your appreciation for this free analysis, You seen these counts and analysis here first!
Thank's to all the traders in advance that hit the thumbs for your support!
Comentarios:
I never got an entry but if you did the low has been broken so you should be out of the trade. H1 were getting more divergence and were now in a channel, I am expecting upside but now we will need breakout of channel before looking for a setup.
