AUDNZD looks to have completed an ABC zig-zag correction of the previous down trend wave 5.
The correction, that initially looked like a triangle, has now morphed into a zig-zag ABC.
Considering that the C wave has 5 subwaves, the correction is complete.
It is time to short.
On the contrary, the correction looks shallow, compared to the overall downtrend.
Therefore, the correction may manifest into something more complex, e.g. ABC zig,zag, then an X, and finally a Y either in zig zag or flat.
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