AUDUSD Double Wave Cycle almost ended.
After a double wave cycle that is now almost completed, we are looking for retraces. Sell the break of the red TL as we have a bearish divergence on H1. We should see the monthly TL retested again.
As we can see a bullish convergence already we would like to see price to restest the M TL before going long.
As we can see a bullish convergence already we would like to see price to restest the M TL before going long.