AUDUSD Idea, NOT a signal!
Please let me know your thoughts on this one. I like the look of a long on AUDUSD here but I am aware of my bearish NZDUSD bias.
So you can see a longer term trendline (thicker line) cutting through the chart and sitting just above price currently. We have an upwards trendline acting as support here and I have highlighted a recent resistance area which is also acting as support here.
Now I know I've put Elliot Wave on here... The 4th wave pulls back more than I would like for a true Elliot Wave but could there be a 3rd impulse wave coming!
So you can see a longer term trendline (thicker line) cutting through the chart and sitting just above price currently. We have an upwards trendline acting as support here and I have highlighted a recent resistance area which is also acting as support here.
Now I know I've put Elliot Wave on here... The 4th wave pulls back more than I would like for a true Elliot Wave but could there be a 3rd impulse wave coming!
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.