As easy as A-B-C ? PS: I am a beginner Elliott Wave analyst and would really appreciate any kind of comments on this analysis. It's always a good idea to wait for price action to confirm the direction of the market, and as thus, do not rush to any conclusions! HAPPY TRADING WEEK! :)
Let's count waves. Do you see the same potential upside for this pair? I am a beginner in Elliott Wave Analysis and this is my sentiment. The minor impulsive wave in RED has been completed and corrected via an ABC structure with 5-3-5 sub-waves. The parallel lines connecting the end of wave B and the end of wave A usually forecast the end of wave C as...
General major uptrend. The market finished a wave 3 rally. Expecting corrective wave 4 as an ABC pattern. Price action confirmation. Entry short, then long. Set price alerts for market price as on chart and monitor. Safe Trading! #ElliottWaveTheory #TrendAnalysis #FXTrading
Clear general major uptrend from WXYXZ correction. Price currently correcting a wave 3 of an impulse. Wait for the completion of the correction, then ride long. Suggesting you put an alert when the price hits 0.85600 and watch for price action confirmation of a buy. Safe trading. #ElliottWaveTheory #TrendAnalysis #FXTrading
FX:AUDCAD Explained.