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Wyckoff_Monk
Jun 28, 2022 10:37 PM

AUD/USD perfect combo Elliott wave and SMC Long

AUD/USDOANDA

Description

The Aussie can go bullish after 4 days of consolidation which is an WXY correction if i followed well the wave principle !, and as anyone can state that the wave (y) is going or has closed in the unmitigated order block (it depends at what time u saw this idea), the other confluence present on the chart is a divergence in bill wiliams chaos oscillator known as (AwEsoMe oScillator) but i'm not taking it seriously because it's a 15min timeframe which can be what the military people and medical personnel calls a false positive, on the other hand the entry will be an SMC entry so you can imagine that i'm going long after seeing a double break of market structure or anther order block on a smaller time frame, the RRR for this trade is 1:10 and stop loss is 8 pip
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