My last plan for AU hasn't worked as expected, so I review this pair and reach this conclusion.
Target for this last wave will be 0,7816.
In terms of wave position is now building 4th wave of the 3rd. according to my wave counting system. Should have an impulse down from 0.77.
This 4th should end at 0.7548. However to sync with other timeframes is probable that comes a little lower maybe down to 0.7517 and after jump to 0.7548 where will find support to the 5th wave of the 3rd that will have a target of 0.7786.
Then the main 4th wave to at least 0,7472 is expected, and finally a 5th wave to target.
This is one possible setup among many others possible to reach that 0.78160 target.
Good luck!
General Notes
These points could overpass a little as long as the impulse will be there, usually on a 4H or Daily UTC server, not here at Tradingview unfortunately because server is not sync with UTC.
As always I am only predicting where things happens, not when, because that really depends on others factors as the agreement of all major sessions - London, NY and Singapore - and also on Events, the fast/slow motion tool.
Also those points are not random or just imagination, they are in fact result of my calculations based on wave counting, measurement and convergence.
Please note also that I don't follow Elliott wave theory. I have build my own counting system system over the years.
Of course this is a personal and original idea and not bulletproof, so don't blame me if it doesn't work. :-)
Target for this last wave will be 0,7816.
In terms of wave position is now building 4th wave of the 3rd. according to my wave counting system. Should have an impulse down from 0.77.
This 4th should end at 0.7548. However to sync with other timeframes is probable that comes a little lower maybe down to 0.7517 and after jump to 0.7548 where will find support to the 5th wave of the 3rd that will have a target of 0.7786.
Then the main 4th wave to at least 0,7472 is expected, and finally a 5th wave to target.
This is one possible setup among many others possible to reach that 0.78160 target.
Good luck!
General Notes
These points could overpass a little as long as the impulse will be there, usually on a 4H or Daily UTC server, not here at Tradingview unfortunately because server is not sync with UTC.
As always I am only predicting where things happens, not when, because that really depends on others factors as the agreement of all major sessions - London, NY and Singapore - and also on Events, the fast/slow motion tool.
Also those points are not random or just imagination, they are in fact result of my calculations based on wave counting, measurement and convergence.
Please note also that I don't follow Elliott wave theory. I have build my own counting system system over the years.
Of course this is a personal and original idea and not bulletproof, so don't blame me if it doesn't work. :-)