Dollar Australia / Dollar ASPenjualan
Update: Looked like a triangle, is a complex correction
This is an update for my previous idea.
I took a short near .8800, which I have now covered.
The move down from .8830 proved to be corrective and now I suspect
we are in wave (c) of (y) and should trade higher towards .8860-.8900
before turning lower and making new lows for wave 5
A break below .8685 (wave x low) is need to confirm that a top is in place.
A break above .8960 (wave (c) of (y) = 1.618 * wave (a) of (y)) would
make me re-consider this count.
Good luck!
I took a short near .8800, which I have now covered.
The move down from .8830 proved to be corrective and now I suspect
we are in wave (c) of (y) and should trade higher towards .8860-.8900
before turning lower and making new lows for wave 5
A break below .8685 (wave x low) is need to confirm that a top is in place.
A break above .8960 (wave (c) of (y) = 1.618 * wave (a) of (y)) would
make me re-consider this count.
Good luck!
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Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.