AUDJPY Elliot wave Application , Good Entry , Good RR

156
Hello ,

Guys this is a good example of Elliot Wave application with very good risk/reward ratio

Entry Point is at the end of wave 4 , Stop loss is below the trend line a little bit and the Target is around 1.618 extension of wave 1 .

This is not a Trading advice this is only an idea , Trade your own strategy .

Good luck

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.