AUD-USD Looking for 3 waves for wave b) to 0.6790
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Market Commentary:
1. I am looking for a 3 wave s correction for the previous 5 waves as a impulse in downtrend.
2. I am expecting at least 38.2 fib retracement for the ZIGZAG pattern for the wave b).
3. Exactly it is @ 0.6790 and that is also the previous resistance zone.
4. The wave b) may be a simple correction or it could be a complex WXY also.
DISCLAIMER : All labelling and wave counts done by me by manually and i will keep change according to the LIVE MARKET PRICE ACTION. So don't 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
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