AUDUSD - Equal Measured Move 🎯

25 Ağu 2022

AUDUSD has recently broke down out of an ABC correction. We are now in the impulse phase, which is made up of 5 waves. We've seen wave 1 and now currently in wave 2. Expecting the a big wave 3 very soon.

Trade Idea:
- Watch for rejection of fib levels for a risk entry
- For a safer entry, watch for the break of the red ascending trendline
Targets: 0.67 (310pips), 0.63 (700pips)

Goodluck and as always, trade safe!

25 Ağu 2022

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Previous setup