Double zigzag! The start of the rise and weakness of the US doll
Hi guys
I hope you have a good week ahead.
Australian dollar = US dollar (Elliott wave principle analysis)
The bullish market started from the price of $0.61702, which is an impulse pattern, which wave (A-1) reached the highest price of $0.71578 and then started to correct, which is a zigzag pattern, and reached the 50-61.8% Fibonacci range. (Price 0.65644$)
The first possibility: the resumption of the bullish market (price 0.65644$)
Second possibility: continuation of the downtrend to complete the double zigzag
Good luck, more details are available on the chart, take a look guys.
Good luck and stay happy and enjoy your life.
I appreciate your support
I hope you have a good week ahead.
Australian dollar = US dollar (Elliott wave principle analysis)
The bullish market started from the price of $0.61702, which is an impulse pattern, which wave (A-1) reached the highest price of $0.71578 and then started to correct, which is a zigzag pattern, and reached the 50-61.8% Fibonacci range. (Price 0.65644$)
The first possibility: the resumption of the bullish market (price 0.65644$)
Second possibility: continuation of the downtrend to complete the double zigzag
Good luck, more details are available on the chart, take a look guys.
Good luck and stay happy and enjoy your life.
I appreciate your support
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Publikasi terkait
Pernyataan Penyangkalan
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.