This is and ideal long entry according to elliott waves.
- Base channel acting as support for wave 4
- 0.38 fib retracement
If you are not trading any AUD related pair can open a long position using this setup.
We must disciplined and do not overexpose our account.
I did that mistake before the China crisis and suffered a big loss on my account. The news were so unexpected!!
Regards.
- Base channel acting as support for wave 4
- 0.38 fib retracement
If you are not trading any AUD related pair can open a long position using this setup.
We must disciplined and do not overexpose our account.
I did that mistake before the China crisis and suffered a big loss on my account. The news were so unexpected!!
Regards.