Mehdi3125

Mehdi3125 Updated 

Hello traders. The AUDUSD currency pair has completed one Elliott wave cycle on the weekly time frame and has now completed wave 1 of three micro-waves. I am waiting for the end of the corrective wave 2 and taking the signal for the wave 3 to enter a buy position.

Mehdi3125

The zero candle in the heart of the trading node resulting from the daily flipped level can be a good place for a buy position

Mehdi3125 Updated 

According to the Elliot wave count, reaching the 61.8 Fibonacci range and the overbought range in the DT Oscillator in the daily time frame, there is a possibility of the beginning of the downward movement of the impulse wave C, which may continue for several weeks.

Mehdi3125

Due to the completion of corrective wave B and reaching the 61.8% Fibo, there is a possibility of forming impulse wave C.

Mehdi3125

The price of the dollar index has formed a downward spike pattern in the 4-hour period. The expectation is that it will be bearish from the second step (base flag) or the first step (hidden spike) and up to the forth or fifth step.

Mehdi3125

CHL is going up and we are searching for a place to enter buy position