Look left, the rule of Elliot wave: Wave 1 (61.8), Wave 3 (38.2), Wave 5 (23.6) and RSI = 68 (100-32);
At the present, the same rule occurs: Wave 1 (61.8), Wave 3 (38.2), Wave 5 (23.6) and RSI = 32 (100-68);
Thus, I predict AUDJPY will uptrend when He repeats The Fibonacci's ratio for counting Elliot wave
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Thanks for watching my chart, Good luck to all
At the present, the same rule occurs: Wave 1 (61.8), Wave 3 (38.2), Wave 5 (23.6) and RSI = 32 (100-68);
Thus, I predict AUDJPY will uptrend when He repeats The Fibonacci's ratio for counting Elliot wave
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Thanks for watching my chart, Good luck to all
Note
Trade closed: target reached
5 waves Elliot rule be completed with 175 bibs profitwave 1: 61.8, wave 2: 38.2 - 78.6, wave 3: 23.6-38.2, wave 4: 38.2 - 50; wave 5: 0
Note
Note
Trade closed manually
Close all and wait for sell - 90% rule wave finished. 223 bibs profits
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.