Ending Diagonal in the Aussie Dollar ?
By Aleksandar
October 30, 2018
As strength in the dollar has lead to a sell off in the Aussie Dollar. Trading Analysis Aleksandar is looking for a short term reversal. Watch the video today to learn more about what is expect for AUD/USD.
Trading Analysis Aleksandar
Forex Analyst
Aleksandar has been trading and anlayzing markets with Elliott Wave for over 10 years. He is our lead analyst for the Blockchain crypto service and will also head up our forth-coming Forex service. Aleks works closely with our CEO Todd Gordon on market analysis and trading opportunities. Aleks has worked at an International Treasury and on a institutional trading desk many years. Click Here To Learn More About Aleksandar.
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I am unsure how you have applied EW ending diagonal rules to this count as wave 4 does not go into the territory of wave 2 so this CANNOT be an ending diagonal.
I watched this with some skepticism (why Aussie breaking out and not the EUro, etc?) … but I took the trade, and WOW!! What a home-run. I guess I need to sign up, because this was almost exactly as you described, no matter how flawed your approach.
Look for my enrollment in the next few days!!