On our last idea of AUDUSD, it should drop down to position 2 which it did happen.
Currently, we provide another possibility for AU because AU still do not break the red down channel.
AUDUSD has a small blue channel and red channel for us to follow now.
This small channel can send AUDUSD down to 0.69 later.
However, it will be changed to a flatter one if AUDUSD want to retest the red channel.
Waiting for entry signal to short it later.
Less is more!
Currently, we provide another possibility for AU because AU still do not break the red down channel.
AUDUSD has a small blue channel and red channel for us to follow now.
This small channel can send AUDUSD down to 0.69 later.
However, it will be changed to a flatter one if AUDUSD want to retest the red channel.
Waiting for entry signal to short it later.
Less is more!