EUR/AUD Short - Wave 5 to the down side
Elliott Wave Theory suggests that EUR/AUD might have completed an A-B-C Wave 4 correction with visible Ending Diagonal (and Subwave B Triangle)
Sell Stop is placed upon confirmation that the top is likely in
Breaking down of this Diagonal pattern could see it head lower to complete Wave 5 of a larger Leading Diagonal pattern
Sell Stop is placed upon confirmation that the top is likely in
Breaking down of this Diagonal pattern could see it head lower to complete Wave 5 of a larger Leading Diagonal pattern
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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.