The AUD/USD has pulled back to the .618 level and now is right on the trend line. The question will be does it complete the 5th wave of the current move and honor the trend line or will it impulse up through the trend line and start an new wave up?
If it breaks I think you have to wait for a lower high to be formed to confirm the break.
Interesting level to watch. As always you can discuss this with personally at my discord - discord.gg/TPAtWwR
Заметка
Got the break through the Tl I was looking for. I will stay long here and wait to see how strong the move is to determine targets.
Все виды контента, которые вы можете увидеть на TradingView, не являются финансовыми, инвестиционными, торговыми или любыми другими рекомендациями. Мы не предоставляем советы по покупке и продаже активов. Подробнее — в Условиях использования TradingView.