I expect Aussi to retrace to a key retracement level before going back up again for a potential C,
this would be a C for the ABC formation following the X (so it could also be called a Z from an YXZ)
move and it would also be a (C) from the weekly timeframe perspective. Thus there might be a good
long set up after touching a key fib level in alignment with a break and close above its current counter trendline.
this would be a C for the ABC formation following the X (so it could also be called a Z from an YXZ)
move and it would also be a (C) from the weekly timeframe perspective. Thus there might be a good
long set up after touching a key fib level in alignment with a break and close above its current counter trendline.