DavionL

AUDUSD demo acc

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FX:AUDUSD   澳元/美元
5
Price broke the previous triangle pattern and made a corrective flag, which is a good opportunity to follow the continuation trend and is now heading for C wave. I predict C wave will be about same length as A wave.
Stop loss above the recent high of the flag.
From weekly chart i can see that we are in a down trend and we are in the 4th wave of Elliott wave, this could be a good opportunity to ride in the 5th elliott wave before a ABC correction in years to come.

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