AUDUSD_WAVE_PATTERN_ANALYSIS

1, AT FIRST I EXPECT PRIICE TO BREAK THE CHANNEL AND FALL TO GIVE WAVE C, THIS WILL MAKE ME CONSIDER THE WHOLE WAVE FROM WAVE E AS WAVE 1-2 OF A LARGER WAVE 5
2, IF IT DROPS BELOW THE STARTING POINT OF WAVE 5 THEN I CONSIDER IT TO BE THE END OF THE WAVE AND WE ARE GETTING AN ABC CORRECTION