Trader, analyst and instructor with a 6-year experience

AUD/USD: weekly wave analysis

Roman Petuchov

Weekly. Global descending zigzag (w)-(x)-(y)-(x)-(z) is being built. Let's see the impulse A of (z) in the details.

Daily. After completing a correction [4] we've seen a decline in an impulse [5] of A. The move will be extended on the new week. 


H4. Correction (4) will be completed. Afterwards the market will decline in a wave (5). 

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