#OPINIONLEADER# #ElliottWaves# #AUD/USD# #PriceAction# #forexmarket# #forextrading# #ForexForecast# #howtomasterforextrading# #howtotrade#
MARKET COMMENTARY:
1. I am expecting wave iv) or X) could be a triangle and the invalidation as I mentioned in the chart.
2. We are in the consolidation for the previous impulse downside from the high 0.7890to 0.7100.
3. We got a rejection in 50%-38.2 Fibs for the previous impulse that 800 pips move...
4. My positional target is 0.5500 to break but the next support zone is 0.6900 is a roadblock for us.
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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