AUDUSD, COMPLETE ELLIOT WAVE OUTLOOK
As shown on the chart the symmetric triangle serves as the wave 4 of the big impulse, thereafter another impulse move of wave 5 played out.
Currently we are at the wave 5 of 5,, and we do not know how long this can go, but the minimum is a truncation (i.e to terminate at the end of wave 3). and it may extend beyond.
After this we will be looking for a bearish confirmation to join the early sellers after the completion of wave 5
Currently we are at the wave 5 of 5,, and we do not know how long this can go, but the minimum is a truncation (i.e to terminate at the end of wave 3). and it may extend beyond.
After this we will be looking for a bearish confirmation to join the early sellers after the completion of wave 5
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