My long term view on AUDUSD is still long but we can try to use this impulsive correction to our advantage.
I will set a sell limit at supply. (You can also wait for price action.)
My second entry will be confirmed with elliott wave. I set my SL to the ending of wave (ii). (not finished yet)
Tp is based on the same length of wave (a).
If you agree with my analysis please leave a like and follow my idea.
Let me know your view in the comments.
I will set a sell limit at supply. (You can also wait for price action.)
My second entry will be confirmed with elliott wave. I set my SL to the ending of wave (ii). (not finished yet)
Tp is based on the same length of wave (a).
If you agree with my analysis please leave a like and follow my idea.
Let me know your view in the comments.
Trade active
Note
I see it as another 1,2 pattern.Note
Possible bearish optionNote
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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.