I’ve two counts for the unfolding waves for AUDUSD. Overall, the pattern looks very corrective to me, and I’m thinking we are still in a wave 4.
GREEN – Counts the pattern as a complex correction with a triangle in the middle.
BLUE – Counts for prices to move higher to complete a wave B before decline.
In the larger term, I looking out for a drop, before a final rally for a wave 5 of V before large decline.
