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
Pablo A.Molinari
3 years ago
Hi you say this will reach 0.9270 next october 4th?. or Could be today?.
Reply
KPeykov
3 years ago
Hi, it's hard to say that. Because a lot of news are coming today, but I think that it will retest one more time the area 0.9380-0.9360 before completion of wave IV. And after that the rally will begin.
Reply
Pablo A.Molinari
3 years ago
Great answer, I will be checking info I wanna get that rally, Nice Job
Reply
Pablo A.Molinari
3 years ago
hi, one more thing. how do i know when reach wave V??. THANKS!!!!.
Reply
KPeykov
3 years ago
Ok the rally has begun get on the wave and wait for the profits.
Reply
anish_206
3 years ago
Can you please confirm if this will reach around 0.9204 before going up on gains ? based on the previous bearish pattern complete. ?
Reply
anish_206
3 years ago
snapshot
Reply
KPeykov
3 years ago
I think that the only way from here is up 0.9520 area after that 0.9580 retest and go to
0.9700
Reply
anish_206 KPeykov
3 years ago
Thanks
Reply
anish_206 KPeykov
3 years ago
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 ?
Reply
KPeykov
3 years ago
You could book some profits at 0.9580 and wait to see what will happen. But a time is needed and be patience.
Reply
anish_206 KPeykov
3 years ago
Thank you. I'm setting mine at 0.9570. Will wait and see. :)
Reply
Ryan Tyler
3 years ago
Agree with your target. Let's see
Reply
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Billing Sign Out