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WaveTalks
Nov 23, 2018 2:24 PM

AUDUSD- ABC & BAC- CAN IT BE 600 PIPS Long

Australian Dollar/U.S. DollarFXCM

Description

Short Term Trading Strategy

Looking to move upside in C-wave next for 200-250 pips & hitting the resistance zone in 0.7500 - 0.7525 zone

Key Support Zone - 0.7220 - 0.7220

Critical Support Zone - 0.7165 - 0.7175

Safe Traders Kindly Do not trade below 0.7200 & Risky Traders can consider long trades above 0.7165. No one trades long position below 0.7165 mark.

Short Term Targets

Target 1 Zone - 0.7400 - 0.7415

Target 2 Zone - Above 0.7425 for 0.7500 - 0.7525

Long Term Trading Strategy

Bearish Crab Resistance in 0.7500 -0.7525 can be very important zone -if pair faces resistance we can see a big fall all the way back below 0.7021 lows as well in coming days.

Thanks for watching the video.

Trade active

15:11 Hrs IST 26th Nov 2018

Last Price@0.7275

Wow! - Started moving as expected

Trade active

19:11 Hrs IST 26th Nov 2018

Last Price@0.7252

Falls from 0.7275 to 0.7248 - Looking for upside moving and holding above 0.7250 mark -we shall look for 0.7290-0.7310 target zone upside.

Trade active

08:04 Hrs IST 27th Nov 2018

Last Price@0.7221

Safe Traders are watching - just above 0.7200 mark -will you plan to buy with minimum risk as suggested earlier in the video update.

Trade active

17:59 Hrs 27th Nov 2018

Last Price@0.7240

Minor Top@0.7270 is stopping the pair at present. We are keen to see the move above 0.7270 next.

Trade active

07:28 Hrs IST 28th Nov 2018

Last Price@0.7226

Turning upside from 0.7200 mark - Safe Traders were advised to buy if it remains above 0.7200

Trade active

00:06 Hrs IST 29th Nov 2018

Last Price@0.7317

Holding below 0.7340 highs - we can expect a pull back to 0.7240 - 0.7275 zone next but all that only below 0.7340 highs

Crossing 0.7340 highs it will head upside as expected in the video.

Trade active

20:40 Hrs 29th Nov 2018

Last Price@0.7312

Just Reversed from 0.7345 Highs close to 0.7340 mark as expected in last update above.

We are looking for a pull back later to join some where between 0.7240- 0.7275 zone for next upside push.

Thanks and Enjoy the Markets!

Trade active

21:42 Hrs IST 3rd Dec 2018

Last Price@0.7366

Heading in the direction for 0.7400 and above



Short Term Have Bullish Gartley above 0.7355 level - Patern Invalidates below 0.7350 mark.

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