Are We Entering Wave 3 of 5? - Bull Flag Pending
Hello Traders,
Firstly, we can see a nice bull flag structure shaping up here on the AUDJPY and the AUDUSD. The EURAUD also looks like a potential SELL opportunity.
We can see a nice 5 wave structure higher followed by an ABC correction, this suggests we could be entering the next wave, which will be wave 3 of 5.
Are we entering a final push higher before a larger correction across risk assets?
Let us know your thoughts or comments below.
Firstly, we can see a nice bull flag structure shaping up here on the AUDJPY and the AUDUSD. The EURAUD also looks like a potential SELL opportunity.
We can see a nice 5 wave structure higher followed by an ABC correction, this suggests we could be entering the next wave, which will be wave 3 of 5.
Are we entering a final push higher before a larger correction across risk assets?
Let us know your thoughts or comments below.