AUDUSD - Downtrend has resumed - Going for new low - Great R/R!

2020년 3월 26일

We should be in the fourth wave of this 5 wave decline.



On the 15min TF we can count 5 waves down and are currently in this 3 waves correction which ideally should hold around the 0.60 zone.
A drop below wave a high of 5935, would increase the odds in our favor.

Invalidation is at 6074 but if price goes above the 78.6% retracement level, chances are high the count might be wrong.

2020년 3월 26일

노트

Note that even if the 15min count gets invalidated, the bigger picture remains intact as long as price stays below 6435 !