AUDUSD-Looks like a triangle formation in wave X) or iv)... dari nmkvijay

nmkvijay

17 Aug 2021, 13:50 · Views 4,368

#OPINIONLEADER# #ElliottWaves# #AUD/USD# #forexmarket# #ForexEducation# #howtomasterforextrading# #howtotrade#

AUDUSD-Looks like a triangle formation in wave X) or iv)

MARKET COMMENTARY:

1. The price action looking here like a triangle formation for me as i shown and will took more time too.

2. This triangle may be in wave iv) or wave X) and expecting more downtrend to 0.7050 for v) or a).

3. Invalidation for this pattern is high 0.7430 and the target mentioned above.

4. It can break the low and bounce if it is a running triangle.

DISCLAIMER : All labelling and wave counts done by me by manually and i will keep change according to the LIVE MARKET PRICE ACTION. So don't bias, hope on my trade plans...try to learn and make your own strategy...Following is not that much easy...I AM NOT RESPONSIBLE FOR ANY LOSSES IF U TOOK THE TRADE ACCORDING TO MY TRADE PLANS....THANKS LOT..CHEERS

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USDSGD: Target for c) of (B) is 1.2788 below. #OPINIONLEADER# #USDollar# #ForexForecast# #ForexEducation# Market Commentary: 1. Still one more 5 waves as a bearish impulse to reach 1.2788 and below as i shown here. 2. The 5 waves impulse from the low 1.2788 is the wave C) of 4) as i shown here and the 3 wave structure for a corrective waves. 3. Wave 4) is a irregular flat correction pattern and one more wave 5) to complete the wave (b) in 5) wave structure. 4. Target is below the wave 3) i.e., 1.2750 approx. but it will break that 1.2788.

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