AUDUSD-5 Down already now we are in 3 waves as a correction.

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Market Commentary:

1. In my view wave 2) or b) may be a irregular flat pattern and expecting more downside as i shown here.

2. From the recent high to the down it made a 5 waves and now we are in the pull back as a correction for the previous impulse in 3 waves.

3. That could be the end of correction and in daily it seems bearish big candle and in weekly DOJI candle so for.

4, My positional target is below 0.5500 and will took more time to reach there.

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