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AUDUSD-Wave 5 to 0.7370 and now 4 to 0.7525 ?

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AUDUSD-Wave 5 to 0.7370 and now 4 to 0.7525 ?

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MARKET COMMENTARY:


1. For me it looks like one more impulse down to 0.7370 for "5" of W) or i) to complete.


2. Now it is making a wedge formation and the wave "4" may hit again to 0.7525 zone to complete in irregular flat.


3. Once it completed the wave "4" and "5" to 0.7370 and bigger correction comes into play for X) or ii as i shown here.


DISCLAIMER : All labeling and wave counts done by me by manually and i will keep change according to the LIVE MARKET PRICE ACTION. So dont bias, hope on my trade plans...try to learn and make your own strategy...Following is not that much easy...I AM NOT RESPONSIBLE FOR ANY LOSSES IF U TOOK THE TRADE ACCORDING TO MY TRADE PLANS....THANKS LOT..CHEERS



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Mory OUATTARA
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The analysis makes sense, but it takes time to verify
nmkvijay
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agree. if u know EW theory then you can make a note and this view will be easy to understand
Thank for share
nmkvijay
Author
@Mory OUATTARA cheers

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