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kct-perspective

AUD/USD Elliott Wave Correction ABC

Long
Australian Dollar / U.S. Dollar (FX:AUDUSD)  
kct-perspective  
FX:AUDUSD   Australian Dollar / U.S. Dollar
Wave Analysis Elliott Wave AUDUSD audusdlong audusdforecast audusdbullish audusdcorrectional elliottwavecorrection elliotwaveanalysis correctionwave longsetup
4
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waveanalysis elliottwaves audusd audusdlong audusdforecast audusdbullish audusdcorrectional elliottwavecorrection elliotwaveanalysis correctionwave longsetup
AUDUSD Awaiting Correctional Wave ABC

Potential correction on Elliott Wave

Rules for Elliot Wave

  • Wave 3 can never be the shortest impulse wave
    Wave 2 can never go beyond the start of Wave 1
    Wave 4 can never cross in the same price area as Wave 1

Support Level: 0.7750

Stop Loss: 0.7740
Target: 0.7928
Risk to Reward: 1:5
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