Cordell_Breaux

AUD/USD I SEE SHARKS IN THE (ELLIOT) WAVES

Long
Cordell_Breaux Mis à jour   
FOREXCOM:AUDUSD   Dollar Australien/Dollar Américain
Hello,

I'm looking at a potential long opportunity off the daily AUD/USD.

- Wave C of an ABC correction of the previous impulse is coming to and end and I project it wrapping up around the 0.75000 level (2.414 extension of AB).
- Very strong trend-line that has been respected for almost 2 years and intersects at that same level.
- Harmonic shark pattern that has some very ideal fib ratios and also completes at 0.75000 level.
- Positive RSI divergence

Thank you

Any feedback would be greatly appreciated
Transaction en cours:
Nice bounce off that .7500 level. Im looking to take profit off the .382 fib level of the most recent high.

Not sure I want to hang on to this for any longer.
Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.