Elliott wave Analysis: AUDUSD In A Temporary Correction
Hello traders,
AUDUSD has been trading bearish in 2018; it unfolded a five-wave impulsive movement which is now being retraced. We are tracking a three-wave pullback which can be headed up into 0.739/0.745 region (area of former swing highs) before bulls may slow down. So at the moment we see room for more upside, but after red wave B) is finished; ideally near 0.700/0.694 area.
AUDUSD has been trading bearish in 2018; it unfolded a five-wave impulsive movement which is now being retraced. We are tracking a three-wave pullback which can be headed up into 0.739/0.745 region (area of former swing highs) before bulls may slow down. So at the moment we see room for more upside, but after red wave B) is finished; ideally near 0.700/0.694 area.
👉wavetraders.com/elliott-wave-plans/
Learn Elliott Waves
👉 wavetraders.com/academy/
Newsletter Sign up
👉 bit.ly/3FVPVzO
Learn Elliott Waves
👉 wavetraders.com/academy/
Newsletter Sign up
👉 bit.ly/3FVPVzO
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.