KPeykov
Long

AUD/USD Elliot Wave Trade Idea

FX:AUDUSD   Australian Dollar/U.S. Dollar
834 13 2
Buy at wave (IV) 78.6% retracement 0.9270
Wave (V) 61.8% 0.9667 Target Fib. retracement 0.9700
Stop Loss below 0.9233 - trade invalidation
Agree with your target. Let's see
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You could book some profits at 0.9580 and wait to see what will happen. But a time is needed and be patience.
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anish_206 KPeykov
Thank you. I'm setting mine at 0.9570. Will wait and see. :)
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I think that the only way from here is up 0.9520 area after that 0.9580 retest and go to
0.9700
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anish_206 KPeykov
Thanks
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anish_206 KPeykov
So right now is it better to keep my Take profit at 0.9700 or safer to keep at 0.9580 to wait and see if it goes up ?
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Can you please confirm if this will reach around 0.9204 before going up on gains ? based on the previous bearish pattern complete. ?
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Ok the rally has begun get on the wave and wait for the profits.
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hi, one more thing. how do i know when reach wave V??. THANKS!!!!.
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