The trend has collapsed, is it time to sell? let's take a look a

The trend has collapsed, is it time to sell? let's take a look at Aud / Usd

If you refer to the collapsed trend analysis, this pair is already showing early symptoms of a downtrend.

if the Elliott wave notation is correct, it is possible that the downtrend (forming wave 2) will last for the next few months with the target price at 0.62000

can we sell now? hmmm .... let's wait a few days to see the confirmation and risk limits.