Here is my view on AUDUSD Weekly chart based on Elliot wave count
After breaking back up into the consolidation structure, we find a clear HL being formed with a strong indication of upward momentum. SL has been set below the pinbar candle with targets set at the highs previously formed inside the structure. Always trade using appropriate risk management.
Here is how I prepare my trading view chart for daily trading. I learned this from other phenomenal traders, and it has helped me greatly. I hope it helps you. With this basic setup of your chart you will have a good perspective for all time frames when you use your charting tools and technical indicators. Cheers
Nifty Heading for Another Round of Testing for the 11000 Levels.
Contrarian buy in NYSE:F looks relatively attractive. We continue to see some very nice MACD divergence on daily and price has already retraced by 50% of the move up in early 2019. Today's bullish engulfing candle (if formed) might indicate first sign that the bottom is in. Trade is to buy at current levels, with stop at around 7.4$ and target of around...
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