AUDUSD Short: Ready for Correction?
AUDUSD has broken a bullish TL on 15m APRR in addition to forming an APRR Wolfe Wave on the 1HR timeframe. This may be an opportunity to short the break of the curved wedge. A support/resistance zone sits above price to protect the SL with target at the predicted 59p drop correlating with the missed daily pivot from 8/10.
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.