EURAUD completed a corrective pullback in the ABC manner at 1.520. From this C wave highs a sharp drop down occurred on EUR while the other pair AUDUSD seems to trade more stable or even higher in recent sessions. For now a nice 3 wave move down unfolded with wave 4 in view with resistance around 1.4658-1.4711 region.
Oct 19 2017 ELLIOTT VIDEO ANALYSIS: Gold, 10 year US note, AudUsd, Bitcoin and Crude Oil
Looks like the 38.2 ended wave iv. I sold too early from the 23.6 but oh well in profit now. How do u calculate your target for wave v? Since wave iii extended, wave v should be normal which means either the 38.2 or 61.8 extension of 0 to end iv. I'm thinking 61.8 as 38 just brings us to end wave iii.