Elliott Wave technical analysis with trading signals for NZDUSD, AUDUSD, USDJPY, DXY, EURUSD
Has confirmed an upside five waves finished, and we are now in the 5th wave of the downside impulsive wave of an ABC expanded flat long-term. We have seen the 4th downside wave end here and the 5th downside wave in progress. Look lower as long as it is below 1.1300, with a fifth wave downside extended after the snapback pullback. The critical fifth wave extension and long-term support level is 1.07000 which is being broken.
The pair has completely invalidated the downside count by breaking above 118…
This article is so good, it's for premium members only.
Does that sound like you?
Go Premium to read full trading strategy with parameters of entry, stop loss, and exit. Why Premium?
Already a member?