Over all : Now the currency has high volatility and strong movement(Up trend) and has reach the significance Zone( low form year 2000). As i observed the price has been test this zone several time and from my view it could break the zone but should go down before it take further step. From my wave count the price is inn the process of C wave(intermediate) of...
From my count of wave the price had finished B wave (intermediate) and was in the process of C wave(intermediate) of B wave(Primary) and now the price is still in wave i So my trade plan is expecting the go down to form ii wave at fib 61.8% and find opportunity for long. Warnning: Purpose i has share idea for discuss and learnning only and i'm still...
Currently the price has been near the strong Resistance zone and Resistance level from high 2018 and when look at the price action the behavior is stong Up trend (strong momentum) . From my view i expect the Zone will held the price and push back down once and then it will break the zone . From my wave count the AUDUSD has become a new impulsive and the is in...
I'm expect to the end of C wave(Y) to and go to wave 3 . Now the price currently near trendline and Fib 61.8% and i expect another scenario if price still fall short maybe the price traget could go to fib level 78.6. warnning my idea purpose for leanning and discust i still learnning elliott wave. If i am wrong please give me some advice. i'm apprecieat to you advice.
The price hit trend line and the demand zone my analyse focus on Buy