Aussie, A deep long correction expected

It just touched the Weekly trend line and so far in the 1H chart, there are signs of divergence.

I'm expecting something like what shown on the chart.

Found 3 examples on Aussie itself from almost the same level and copied one.

So we will wait until a clear sign of the down move, maybe during NFP to find a sell setup.

(I still have my sells and it was a big mistake to keep them in this kind of market, never do that!)

💬 Please let me know your perspective on this

Happy Trading & stay green! ✌️

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Commentaire:

See this pattern from 2009 on Daily chart

Commentaire:

See this pattern which is a mirrored copy from July 2011 on the Daily time frame:

Commentaire:

A copy of the nearest pattern before a direction change in 4H time frame (Dec 2017 - Feb 2018)