AUDUSD-Shorter term bullish found with 1:2 RR

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AUDUSD-Shorter term bullish found with 1:2 RR

Market Commentary:


1. We are in the bigger correction for the previous 5 waves down.


2. Currently i am expecting a bullish wave to reach the next resistance zone 0.69.


3. Either it can do 3 waves for "Y" or a 5 waves for "C" wave.


4. Stop is @ 0.6650 that is the invalidation and breakout from the bullish trendline...


5. It suits for my strategy and the REWARD too for the RISK you are taking here....


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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