Australian Dollar / U.S. Dollar

Long

AUDUSD Elliott Wave Breakdown

By WilliamWangFX

Updated

We are now in wave B of CORRECTION

Idea:
- Watch for completion of Wave B
- Once complete, watch for C wave to make an impulse down (it can be an ending diagonal )

Note

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Short-term Trade Idea:

- Watch for the current correction to break out.
- Invalidation level is below the bottom.
- Targets: 0.68461, 0.69134, 0.70091

Goodluck and as always, trade safe!

Note

1H Timeframe

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Note

Update

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Note

wait for the current correction to break out on the LTF

Trade active

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Trade active

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Trade closed: stop reached

BE trade

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