Welcome guys,
CycleWave is the top author sharing trade ideas based on EW analysis since last five months on the global stocks, currency pairs, cryptos, future indices and commodities. You can follow us to get more trade ideas/analysis.
AUDUSD - It is within the Impusle cycle from major bottom in 4 hr time frame or alternatively it can be ABC zigzag which is already finished. The impulse count is valid unti price remains above the level 0.7097 as 3rd wave of 5th wave up of imupulse cycle. Still it is under-performing in the price action as 3rd wave should be more sharper. But still a valid count. so stay bullish above that level for target of new high. It is aligning with US dollar and Euro count
Give thumbs up if you really like the trade idea.
CycleWave is the top author sharing trade ideas based on EW analysis since last five months on the global stocks, currency pairs, cryptos, future indices and commodities. You can follow us to get more trade ideas/analysis.
AUDUSD - It is within the Impusle cycle from major bottom in 4 hr time frame or alternatively it can be ABC zigzag which is already finished. The impulse count is valid unti price remains above the level 0.7097 as 3rd wave of 5th wave up of imupulse cycle. Still it is under-performing in the price action as 3rd wave should be more sharper. But still a valid count. so stay bullish above that level for target of new high. It is aligning with US dollar and Euro count
Give thumbs up if you really like the trade idea.