1st wave was normal 3rd wave was exactly 100% of wave 1. As per the elliott rules one of the motive should be extended . There is a high probability to extend 5th wave . AUD/USD BUY @0.67750 SL 0.67380 TP 0.71850
After breaking the resistance zone and retesting it for a strong support zone and H1 timeframe rejections wick, the AUDUSD is ready for a long term trade.
Hello traders , here is the full multi time frame analysis for this pair, let me know in the comment section below if you have any questions , the entry will be taken only if all rules of the strategies will be satisfied. wait for more price action to develop before taking any position . I suggest you keep this pair on your watchlist and see if the rules of your...
AUDUSD prods three-week uptrend after RBA Minutes and PBOC rate cut impresses bearish ahead of Fed Chair Powell’s Testimony. Also favoring the odds of a pullback in the Aussie pair is the nearly overbought RSI and concerns about hearing hawkish words from Fed Chair Powell. However, a clear downside break of a three-week-long rising trend channel becomes necessary...
AUD/USD is currently displaying a strong and consistent bullish trend over the past few days. It has successfully broken above a significant resistance level. Presently, the pair is attempting to retest the support area. If a favorable bullish candle forms upon reaching the support area, it would present an opportune moment to consider entering a buy trade with a...
Hello traders , here is the full multi time frame analysis for this pair, let me know in the comment section below if you have any questions , the entry will be taken only if all rules of the strategies will be satisfied. wait for more price action to develop before taking any position . I suggest you keep this pair on your watchlist and see if the rules of your...
AUDUSD 4 Hour Analysis (13 June 2023) 1. KL1 for bullish break 2. KL2 for bearish break 3. We can observe divergence in AO 4. We can expect a bearish move but we have to wait for KL2
AUDUSD marked the biggest weekly gain since early November 2022, not to forget mentioning the second in a row, backed by RBA’s hawkish surprise. The Aussie pair, however, currently jostles with the key upside hurdle as the key week comprising the US inflation and Federal Reserve (Fed) monetary policy decision looms. That said, a four-month-old descending...
Hello traders , here is the full multi time frame analysis for this pair, let me know in the comment section below if you have any questions , the entry will be taken only if all rules of the strategies will be satisfied. wait for more price action to develop before taking any position . I suggest you keep this pair on your watchlist and see if the rules of your...
AUDUSD trend line breakout trading in resistance so high chance to go down
AUDUSD struggles to defend the previous weekly rebound from the yearly low as traders await the Reserve Bank of Australia’s (RBA) monetary policy decision. Although the Aussie central bank is likely to keep the benchmark rates unchanged after a surprise 0.25% rate hike in the last, it can follow the RBNZ’s hawkish action amid recently firmer Australian data and...
we selling AUDUSD as showed in the chat sl nd tp. follow for nore trading ideas
AUDUSD#4h-Bullish #Buy Setup #Risk:Reward/1:5#Go With Confirmation
looks like short term long and long term short so lets wait and play along with the market for educational services only.
AUDUSD 4 Hour Analysis (31 May 2023) 1. Price is respecting the trend 2. We have bullish divergence in AO 3. if price breaks the trend we can wait for retest for a proper bearish entry