These are the possible scenarios for Aussie Dollar . AUD more rate cut talks are happening at the moment FED rate hike talks .. (Majority say FED will not hike rates in June )
Wave 4 in formation (Moving from 3 as a b and c)
There may be more possible scenarios.. Feel Free to add your view below I will add later if there is more scenarios.. Upcoming Interesting Events are BREXIT or NO BREXIT FED hiking rates..
There may be more possible scenarios.. I will add later if there is more scenarios.. Upcoming Interesting Events are BREXIT or NO BREXIT FED hiking rates..
Buy Active@1.4808 TP 1 0.382 Tp 2 0.618 Sell Shark @ 1.5047 TP 1 0.382 TP 2 0.618 Rebuy bullish shark @ 1.4843 Tp 0.382 of large bullish shark
Buy Active@1.4808 TP 1 0.382 Tp 2 0.618 Sell Shark @ 1.5047 TP 1 0.382 TP 2 0.618 Rebuy bullish shark @ 1.4843 Tp 0.382 of large bullish shark
SELL +Supply Zone +Shark Completion +1.272 extention of bearish shark and 1.618 extension of bullish shark (Confluence Zone ) Sell @ 0.7352 SL 50 pips TP 1 0.382 0.7254 100 pips TP2 0.618 0.7193 150 pips TP 3 below Demand Zones BUY +Demand Zone +Shark Completion +Inverse Head and Shoulder Buy @ 0.7155 SL 30 pips TP 1 0.382 0.7201 45 pips TP2 0.618...
+Possible Supply Zone ( Resistance Zone) +Shark Completion +1.1100 Round Number Sell @ 1.1100 SL 60 pips TP 1 0.382 level 110 pips TP 2 0.618 level 190 pips TP 3 1.0830 TP 4 1.0715 or demand zone (Support Zone)
Based on +Trendline Support +Horizontal Support +Wave 5 in progress
Based on +4H Trendline Support +ABC Correction
Based on +Wave 4 ABC Correction +Break of support at top
Based on +Trendline Resistance +ABC Correction
Scenarios attached in the comment section.. If u have a different view and if there is any thing wrong with the chart plz feel free to comment below,, Remember In an uptrend Buy the wave 1 close @ 2 Buy the wave 3 close @ 4 Buy the wave 5 close @ A Sell the wave C close @ 1 In a downtrend Sell the wave 1 close @ 2 Sell the wave 3 close @ 4 Sell the...
Scenario 1 Scenario 2 Looks like we are doing scenario 1. Fed Rate hike due in December.. Lets see how it goes..
Remember In an uptrend Buy the wave 1 close @ 2 Buy the wave 3 close @ 4 Buy the wave 5 close @ A Sell the wave C close @ 1 In a downtrend Sell the wave 1 close @ 2 Sell the wave 3 close @ 4 Sell the wave 5 close @ A Buy the wave C close @ 1 Final words.. Make pips keep pips keep doing same Thumbs up for Elliot.. :) Why I'm buying +Daily Hns +4H...