Wave is likely going to be continued, so we could have a new low soon
Nice Cypher Pattern with Risk/Reward Ratio: 1 - 1.5 ALREADY FILLED!!! If you get in NOW, then risk/reward ratio will be BETTER!!! Take Profit @ 0.7226 Entry @ 0.7183 BUT NOW INS ENTRY @ ~ 0.7170 Stop Loss @ 0.7153
Xmas Gift ::: Please check my AUS USD Wave count on Monthly and Daily charts Check H1 chart for Further Verification No More Shorts please ,, Trend can Revert anytime I am Long Below 0.7100 Level Marry Xmas ,,Wish you many many Green Pips
Please Check my AUS USD Monthly Chart On Monthly Chart We are Long 0.70500 till 0.78000 Main Wave = E = ABC in Formation of 3 3 3 Sub wave A = abc Formation 3 3 3 We are in "a" ( The Mini wave ) a = ABC Where can Further divide ABC as below :::: A= i , ii , iii , iv , v ( In dark Green ) where 1 , ii are already complete For Mini wave iii ( In Blue ) iii...
Hello To All What I believe on Monthly chart is as below ::: On Monthly Chart We are in a Expanding Diagonal ABCDE in 3 3 3 3 3 Formation At this moment we are beginning of E = 3 = ABC Where is A = abc Where a = 12345 We are at Sub wave a and at mini wave 1 now. b = abc 9 still to come c=12345 B in ABC still to come C Still to come
AU already rejected and now going to be short for the next leg still within the channel
Based on over bought RSI55 div and few bearish probes in 2016 look forward for cont. sell action to confirmed bearish levels. Hard stop lines (red lines) are fit on depth to appropriate tp levels (blue lines).
Validations Multi-month Rising Wedge suggests to be at its end (almost two typical day bars high). Note that the previous drop was determined and vigorous, in clear contrast to the to following 3 months. Under theses circunstances, this pattern often precedes a downtrend move. Central Banks appears to be on different path - US counterpart possibly rising rates...
LOOKING FOR REVERSAL BAR BETWEEN 161.8 AND 224 TO SHORT AUD
This is a Bullish Leonardo Pattern, maybe the price will re test the bullish trendline or the fibo levels are targets....
1 short position open 0.7650 Target 1 0.7550 Target 2 0.7448 Target 3 0.7319 Target 4 0.7150 Stop 0.7840 2 short position open 0.7720 3 short position open 0.7800
FX:AUDUSD You can see the structures and the aceleration right?
Australian Dollar is currently on its corrective wave. Target is toward 0.7380 (38.2% Fibonacci retracement). Watch out for the bears (long term).
Following the main TL however price is moving along the short-term downtrend - Buy the breakout of the downtrend for potential bullish movement towards target @ .77800 Awaiting the LONG set up