Looking at a long position in Aussie Canadian dollar, HTF analysis looks like we've found demand and filled inefficiencies. 11R.
After the consolidation in wave 4 I believe we will push up to 255 before a corrective wave.
Purple box denotes the money zone. Price reaction since acted as resistance briefly and now acting as strong support. My favourite fibonacci level used in bitcoin, based of previous cycles takes us all the way up to $357100.
After a breakout from the ascending triangle, and completing leg 1 and 2 of the Elliott wave, RSI confirmation. I am entering a long position with a stop under the recent lows target 1.73.