We may have a complete correction between the green lines, and a reversal impulse. So, the next wave should be more downside after a correction. The structure between the yellow lines can be a complete correction. That's why I'll take a short trade when I see a valid trade setup, which is a correction after the break-out. That being said, my main expectation is a bigger correction before the downward impulse.
AUDUSDElliott Wavemedium-termshorttradeWave Analysis

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