AUDUSD: Elliott wave analysis on 1 hour Timeframe
We are on the 4th wave of the unfolded triangle. Low is acceptable unless you see levels above 0.7700. the price below 0.7646 indicates that wave c is forming.
Note
Setup 1 : achievedNote
price hadn't respected that level (76711) and we got fall.
"low was acceptable"
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.