PipsUniversity

AUDUSD - ALT Bat with ABCDE Expanding Wedge

Short
FX:AUDUSD   Australian Dollar / U.S. Dollar
Selling at 0.74400 which will be point E of the Expanding Wedge and the D point of the ALT Bat.

Even if the wave count is one wave off, E would still be D and fall to around 0.71600 before making E and flying right back up.

No doubt selling at the 0.74400 level.

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