AUD/USD possible short scenario
Before going north or south wait for a corrective pattern to be finished.
Most probably there will be some minor move up to complete zigzag formation. When it is over you may get a selling opportunity down to the ascending trendline where further confirmation of a big down move will be required. After reaching the trendline the price might either fall or go up to complete a complex correction
Most probably there will be some minor move up to complete zigzag formation. When it is over you may get a selling opportunity down to the ascending trendline where further confirmation of a big down move will be required. After reaching the trendline the price might either fall or go up to complete a complex correction
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