AUDUSD: Alternate And Probably View. WARNING! Big Profits Ahead!

FX:AUDUSD   Dolar Australia/Dolar U.S
Dilihat 1257 kali
1257 3
In my previous post, I suggested that there was an alternate wave count that was showing an extreme bullish outlook. I now am starting to “re-favor” that view as I did 4 months ago when I was very sure it was the right view. Being that is the case, in this post, I am going to expand on that bullish view.


From this monthly chart, what is important to note is that I have labeled that long down move as a completed wave (3) and that the wave (4) retracement of that wave (3) has just begun. In this bullish view, we could easily see wave (4) getting to 80 cents if not even higher.


In this weekly chart, the breakdown of the subwaves of the downtrend are visible. They are needed in order to justify the this bullish wave count. The subwaves of the wave (3) down and the subwaves of the wave (v) of the wave (3) are also broken down here so as to be able to see how it is that I can count the main wave (3) as being done.


So from this daily chart , I’ve broken down further the subwaves count for the ending wave v of 5 of (v) of (3). And also started the count for the beginning of the wave (1) of what will be the larger wave (A) of the wave (4). This is assuming that wave (A) will end up being 5 waves and therefore setting up wave (4) to be a complex 5-3-5 ABC Zigzag . Why do I assume this? Purely at this point because of the size of the wave (4) that I am expecting can only be a zigzag . Again, this is at this point purely an assumption. There is no corroborating evidence yet. But, gotta start somewhere.

So the wave count for the start of this wave (4) up in this wave (1) of Wave (A) shows that prices are now in the wave 3 of (1). And it does not appear that the wave 3 is yet done. It may finish near or at the MAJOR Daily SR Structures above. There are 2 POTENTIAL Crabs that could be marking the end of this wave (1) and then we would see a wave (2) retrace of (1) back down and that would challenge the lows of the larger wave (3).

If you would like to see the complete analysis on this pair, please go to efxselect.com and subscribe.
FREE Gold Report: http://bit.ly/2DWEPLGgoldsafereport
Mailing list: http://bit.ly/2iNieEY
Facebook Group: https://www.facebook.com/efxselect
Twitter: @andrewefxselect
Website: http://www.efxselect.com
Monthly chart playing out well mate :)
Thanks for sharing. I am in from 0.72. TP 0.753.Keep our finger crossed........
Please keep in mind that I am not giving any trading signals or trade calls here. Only providing my own trade thoughts for your benefit and insight as to my trading technique and style. Please don't ask if you should or should not take the trade or ask for stop loss and take profit levels. Any SL or TP given on my trades are my own I have used for my trade and are not recommendations for you to use. If you are not sure, then you do not have a trading plan for yourself in place. I suggest you make one before you continue to do any trading!

If you like my posts and find them helpful, please take a second to hit that LIKE button and follow me so I can know my post was helpful to you. As always, any CONSTRUCTIVE comments are welcome whether AGREE or DISAGREE.

Though I may not post here quite as often like before, I do continue to post much more to my own Facebook group (where I can BAN any TROLLS!). So if you would like to continue to see more of my posts as well as some of my trading tips, join my Facebook group at: http://www.facebook.com/efxselect. If you desire to receive ALL my analysis on pairs I trade and cover as well as REAL-TIME trade signals, consider joining my private group and my members. You'll get REAL-TIME trade signals and analysis as the trade happens and discussions those trades live. Interested? Go to: efxselect.com for more info.

Faceb00k: http://goo.gl/Mb81w7
Website: http://www.efxselect.com to subscribe

Go to efxselect.com to subscribe and get these signals in REAL-TIME!
MS Bahasa Melayu
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Laman Utama Penyaring Saham Penyaring Forex Penyaring Kripto Kalendar Ekonomi Bagaimana ia berfungsi Ciri-ciri Carta Peraturan Dalaman Moderator Laman web dan Penyelesaian Broker Widget Perpustakaan Carta Stok Permintaan Ciri Blog & Berita Soalan Lazim Bantuan & Wiki Twitter
Profil Tetapan Profil Akaun dan Pengebilan Tiket Sokongan Saya Hubungi Sokongan Idea-idea yang diterbitkan Pengikut Mengikut Mesej Peribadi Sembang Daftar Keluar