AUDUSD LONG @ demand zone
We've broken above resistences (creating 5 waves up) and have now retraced, we are testing a strong demand zone the potential is great
the blue lines are the 2 targets. (ABC of previous move)
Elliot wave suggests a nice wave 3 is about to start!
Wait for a 1hr reversal candle to join.
Enjoy
the blue lines are the 2 targets. (ABC of previous move)
Elliot wave suggests a nice wave 3 is about to start!
Wait for a 1hr reversal candle to join.
Enjoy
Note
An bullish 1hr entry signal has not been given.The lows of the 0 point have been violated.
This however does not invalidate the idea.
It invalidates the wave count and the demand zone.
I still expect a turn from the lows, and run to the blue lines.
We just have to wait for a bullish EUR & bearish DXY environment... which can be upon us by SUN/MON.
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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.