Heading to End-Of-Wave 5 price target
It seems that AUDUSD is going to complete its fifth wave as an ending diagonal, and is ready to retrace the current trend within next day. Daily momentum is over-sold and 4h momentum is going to become over-sold, too.
Watch the hourly momentum to make a bearish cross to enter the trade. A more careful setup can be going short below the wave 4 of wave 5.
Watch the hourly momentum to make a bearish cross to enter the trade. A more careful setup can be going short below the wave 4 of wave 5.
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