(Time Wave) AUDUSD may see a short-term uptrend.
Hello.
AUDUSD showed the basic structure of a time wave.
Usually, if the highs are not updated after the appearance of this basic structure,
Since it is in the form of correction of the upper time, a downward wave appears.
But, as you saw in yesterday's video,
When the high point is updated again, it becomes a reversal pattern.
This is the basic structure of the rising wave.
Because the daily correction trend line is currently drawn
First of all, it is a structure where a daily rising wave can come out.
However, since the top monthly correction trend line of the downtrend is waiting above
Buy holding is risky until it turns into a monthly uptrend.
Rather, the timing of the Sell is good from above.
Similarly, USD pairs such as GBPUSD are in a short-term upside position.
good luck.
AUDUSD showed the basic structure of a time wave.
Usually, if the highs are not updated after the appearance of this basic structure,
Since it is in the form of correction of the upper time, a downward wave appears.
But, as you saw in yesterday's video,
When the high point is updated again, it becomes a reversal pattern.
This is the basic structure of the rising wave.
Because the daily correction trend line is currently drawn
First of all, it is a structure where a daily rising wave can come out.
However, since the top monthly correction trend line of the downtrend is waiting above
Buy holding is risky until it turns into a monthly uptrend.
Rather, the timing of the Sell is good from above.
Similarly, USD pairs such as GBPUSD are in a short-term upside position.
good luck.