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AUDUSD-Weekly TF analysis and you know well what i am expecting here about the next move...

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#forexmarket# #ForexForecast# #ForexEducation##OPINIONLEADER##AUD/USD#


AUDUSD-Weekly TF analysis and you know well what i am expecting here about the next move...

#ForexEducation#MARKET COMMENTARY:


1. This is weekly TF analysis and we are in the X)(red wave and the structure is not yet complete

and still we are in the (Y)(red) wave and we need 3 wave structure for that or it could be a

diagonal pattern also.


2. If it breaks above the high 0.8135 that we have to consider as a expanded flat in wave X)(blue)

if it didnt break that is a running flat.


3. I am expecting as a running flat because there is a bearish equidistant channel of the upper

trendline may took as a resistance as i shown here, but market can do anything so be careful

here...


 DISCLAIMER : All labeling and wave counts done by me by manually and i will keep change according to the LIVE MARKET PRICE ACTION. So dont bias, hope on my trade plans...try to learn and make your own strategy...Following is not that much easy...I AM NOT RESPONSIBLE FOR ANY LOSSES IF U TOOK THE TRADE ACCORDING TO MY TRADE PLANS....THANKS LOT..CHEERS

Edited 30 May 2021, 23:25

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