AUDUSD-Wave 4 is a triangle and 5 completed and expecting a PB.....من nmkvijay

20 Jul 2021, 17:05 · Views 781

#OPINIONLEADER# #AUD/USD# #ElliottWaves# #ForexForecast# #forextrading# #forexmarket# #howtomasterforextrading# #ForexTradingStrategies# #PriceAction#

AUDUSD-Wave 4 is a triangle and 5 completed and expecting a PB..

MARKET COMMENTARY:

1. Wave "4" is a triangle and we are in wave 5...completed or yet to do that ?

2. I am expecting a 3 wave structure for a correction to 0.7600-0.77 for X) or ii.

3. The major resistance now is the strong support broken and now it will act as a resistance @ 0.76-0.77 as i mentioned.

DISCLAIMER : All labeling and wave counts done by me by manually and i will keep change according to the LIVE MARKET PRICE ACTION. So dont 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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