Dear friends we have a complex correction in audusd for months .around this area market is preparing for bullish movement. be patient an for good opportunity for long.
Wave E formed move your stop below E We need a correction for new bullish movement.
The price made a deep correction, the confirmation level of the previous long was not activated. and the price continued to correct and reacted at the 0.88 level. for now we should be patient for see a perfect impulse wave.
as you can see we have correction in silver main correction is for higher time firm but in h1 we can see correction structure very clean . for now we have a perfect impulse wave in h1 we can join to long trade after first correction . Amir.Elwaves
the loss limit was reached. we shod waiting for next clear impulse wave
we are still waiting for long confirmation. dont rush to buy.
as you can see its seems we are at end of correction. move our entry point closer .its our first attempt if long confirmation will touched . also R/R is reasonable. tomorrow we have NFP news . dont forget set stop loss for your positions.
Don't rush to buy Be patient for confirmation . we don't have any trade in this asset yet .still waiting for confirmation.
move confirmation level closer because of new shape of correction. be patient .
Do dogs also respect Elliott 's rules? Today's price movement is like to starting an impulse wave but we have a truncation wave 5 . price is in a correction channel for complete WXY .we are waiting for long confirmation.