zhipengcfel
Long

Trading opportunity for AUDUSD

FX:AUDUSD   Australian Dollar / U.S. Dollar
AUDUSD             breaks out of the resistance level at 0.75 and confirms a nice cup and handle pattern. From elliott wave analysis, it will continue the correction for going up.
It is a strong sign to go long with SL at 0.745
TP1: 0.76
TP2: 0.781
TP3: 0.81

Good luck for everyone!
I like your count, it appears to be classic EW flat,zigzag,zigzag to Y then return to down trend.
Do you have an updated view ?
Cheers
John
+1 Reply
zhipengcfel johnm600
@johnm600, Yes, It is a complicated correction. But I do not think we are now back to down trend. The current wave looks like a (C) wave up.
Reply
English
English (UK)
English (IN)
Deutsch
Français
Español
Italiano
Polski
Türkçe
Русский
Português
Bahasa Indonesia
Bahasa Melayu
ภาษาไทย
Tiếng Việt
日本語
한국어
简体
台灣
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out