CroomFX

AUDUSD potential Bat Pattern; Elliott ( Trend Continuation )

FX:AUDUSD   Australian Dollar/U.S. Dollar
Currently we have a nice impulse leg established in our 3rd wave. Price came up and reversed perfectly on the .50 to establish our B point. The Fib from A to B price pulled down again to the .50% level to give us C, a higher low. Two things can happen, if price breaks new resistance @.74590, ill look for entry at the completion of the BAT pattern PRZ. However if price cant break that resistance level we could see trend continuation earlier on. BC             wave projection @ 200% is marked in confluence with the completion of the harmonic for ideal entry back with the trend.
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Billing Sign Out