AUDUSD is also in a triangle consolidation pattern. We will soon see the completion of wave C, with a D and E wave to follow for a complete full pattern completion.
On this pair we would also stay aside until the pattern is completed. 4 waves can be long in time and for traders it is crucial to stay patient and not be pulled in to trade until the structure is completed. Often, trading of the 4 waves causes lots of bad trades and affects traders’ confidence.
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