AUDUSD
Awaiting Correctional Wave ABC Potential correction on Elliott Wave
Rules for Elliot Wave
- Wave 3 can never be the shortest impulse wave
Wave 2 can never go beyond the start of Wave 1
Wave 4 can never cross in the same price area as Wave 1
Support Level: 0.7750
Stop Loss: 0.7740
Target: 0.7928
Risk to Reward: 1:5