In my previous post, I mentioned that I wasn’t very sure of my count. Here’s another count by Jamie Saettele of DailyFX.com. I think his makes a better count in fact, and (I think) he has counted wave 1 as a diagonal, which explains the wave 4 and wave 1 overlap. It’s worth taking a look and forming your own idea of wave counts for the currency pair.
We are both looking at a decline in AUDUSD, just that expectation of price movements are slightly different.
Thought it was good to know. Good luck with your trading!