6 days ago I posted my AUDCAD analysis for a move lower followed by a move higher. See post below:
This is based on how wave structure works and if you like it follow me for instant notifications.
Short term we should be looking for either another consolidation/flag pattern followed by another buy opportunity. Or a bearish acceleration followed by a consolidation/flag pattern and a sell opportunity.
Nota
We see a comparable bearish impulse as the start of our AUDCAD trade. Let's see whether we see another ideal consolidation so we can sell the third leg lower.
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