FX:AUDUSD   Australian Dollar / U.S. Dollar
120 1 0
The pair recovered very well from the 0.9235 level. We expect to see more rally toward 0.9500 in the next couple of weeks. Our count will be invalidated if the pair breaks below 0.9261.
Just wondering if you're using a proprietary form of Elliottwave ?
I'm not aware of any count that would be labeled with both a 1 (light blue) and an A
at the same time. Or a wave (i) purple that is subdivided into an a-b-c ?
My understanding is that a wave 1, as an impulsive wave, is therefore always subdivides into
5 waves - never 3 ?
Thanks for your thoughts !!!!!
And lots of pips in your pocket ~~~~~~~~
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