AUD/USD Short

By Ed_Ale
Updated
Possibly the Australian dollar against the American dollar has a fall because it has 4 confirmations:

• Wyckoff Accumulation

• Butterfly harmonic pattern

• Rising wedge


• Reaction of an Order Block in 4h

The first three factors tend to reverse the trend or set the tone for a new trend, which in this case would be bearish apart from the fact that in elliot waves the rising wedge marks the end of a wave, whether it is "1", "5" or "C" wave.

Wait for it to reach the entry area

https://www.tradingview.com/x/FaJihDRA/


https://www.tradingview.com/chart/AUTOUSDT/ew4JEhTg-Japanese-candle-strength/

https://www.tradingview.com/chart/BTCUSD/bILaEx94-Patterns-of-possible-market-correction-or-reversal/

https://www.tradingview.com/chart/AUDUSD/jw4VaPTz-The-five-elliott-wave-structures/

Trade active
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Comment
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Break Even
Trade closed: target reached
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TP1 🫡🤩
Trade closed: target reached
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TP 3 SHESHHH
Comment
My personal second entry


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Chart PatternsDXYelliotwaveanalysisHarmonic PatternsRising WedgeWave Analysiswyckoff
Ed_Ale
Edrul Alejandro.
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