Posts Tagged “forex”

Currency Pair = AUD/USD.

ElliottwaveSignal:

Short-Medium term trade.

TimeFrame = 4Hrs.

Elliott wave Signal = pending Sell Limit at 0.8330 area.

Risk Reward Ratio = to be advice

Elliott Medium term target for extended Flat correction at 0.8230 area.

Possible of next Elliottwave :-

Diagonal wave1c
This pattern has also been define as a Corrective pattern in which wave iv
and wave i over lap eachother and all waves have a corrective internal structure.
Its occurrence is common in wave v or wave c and not allowed in wave 3.
A strong swiff reversal normally follows where wave a reaches the territory of wave ii of
diagonal wave pattern.

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Medium Term analysis advise a new low?

In different point of Time frame we could see a different elliottwave pattern and calculation.

This have to be considered a mix signa but still its a signal so I will be publish here for your consideration.

 

Short-Medium term trade.

 

Currency Pair = EUR/USD

TimeFrame = 4Hrs

Signal = Sell advice at 1.3500 area.

Risk Reward Ratio = 3.32

Short term target for SubMinutte Wave3 at 1.3420 .
Next possible Elliottwave signal = Extension of wave 3c

 

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