AUDUSD EW Count

Wave 3 cannot be the shortest which means that either 1 or 5 can be longer but BOTH CANNOT BE longer than wave 3.
In our case Wave 1 is longer than Wave 3. It means, if this Wave Count is correct, Wave 5 has clear limit to 0.7639.

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Commento:

Reversal in progress, 0.7639 still intouched

Commento:

Move stop at BE

Trade chiuso: obiettivo raggiunto:

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Trade chiuso: obiettivo raggiunto:

Wave 3 cannot be the shortest which means that either 1 or 5 can be longer but BOTH CANNOT BE longer than wave 3.
In our case Wave 1 is longer than Wave 3. It means, if this Wave Count is correct, Wave 5 has clear limit to 0.7639