AUD/USD I SEE SHARKS IN THE (ELLIOT) WAVES
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
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
Trade active:
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.
Not sure I want to hang on to this for any longer.