AUDUSD - Rising Wedge

23 thg 1, 2023

As we can see AUDUSD created a rising wedge and fell below and show great resistance at the .705 Fib level which is a key Fib level for the 2nd wave of the Elliott Wave Theory. We should now be in the formation of the 3rd wave which is usually the most impulsive wave. On the Chart I marked my Take Profit levels so we can do now is wait to see how the market plays out.

Upgrade your trading with me

For FREE SIGNALS and if you would like to see updates on this idea and many more please follow:

WrightWayInvestments
WrightWayInvestments
WrightWayInvestments

✅ Hit the like button, and share for more!