AUDCAD

Hello guys
based on this count 5 wave sequence is finished therefore we should expect the correction waves unfold.
Wave 3 is around 1.78% of wave 1 and there is a Divergence on MACD in 1H chart between two recent highs...
Targets for Correction waves is near end of wave 4 which is around 0.9520 and 0.9486
Based on equality guideline when wave 3 is extended wave 1 & 5 should be equal therefore there is still a good chance that wave 5 has another push to the upside to finish.
recommended levels for wave 5 are 0.9774 and 0.9790.
Good Luck