expecting a uptrend movement until 1.184 after it bounced off weekly pivot and monthly vwap
aussie broke a small downtrend and it's going to a major one as we are forming corrective waves Daily View
AN has been going up like crazy, i believe it's time for a correction, initial predictions are show in chart
good confluence with trendline and resistance level, with wave analysis increasing its probability
possible buy opportunity in the pullback before we start downtrend
watch out for price rejection in the support zone between 50% fibo and pivot point
if we reach 0.76250 there is a good sell opportunity
short opportunity now, exit in uptrend line around 0.98500
possible buy opportunity as we've got a hidden bullish divergence and possible wave c, price may go to 149.4 zone but exiting in 148.0 zone is safer
i believe we're forming wave C of wave 2, good sell opportunity
Price rejected 38,2% fibo and forming wave 5. If you're a scalper you can exit at 0.75829 and short again at pullback (M5-M15).
Entry point at start of Wave 3 (White) of Wave 1 (Blue) of Wave 5 (yellow), if you're more conservative you can lower your stop loss to 1.725.
Entry point at start of Wave 3 (White) of Wave 1 (Blue) of Wave 5 (yellow), if you're more conservative you can exit at target 1.
good long opportunity as Wave A is forming
Elliot Wave study, probabe target is 1.352 at 74% retracement