AUD/USD H4

General Overview for 28/11/2013
The corrective sructure of ABC ZigZag Green in wave 2 red lokks finished. Moreover, the downside progression has retraced 78%Fibo and slighty reversed so far.
As long as there is no nwe low bias is bullish and first level to confirm is Weekly Pivot breakout.

Support/Resistance:
0.9015 – WS1
0.9077 – 78%Fibo
0.9233 – Weekly Pivot
0.9253 – 0.9282 – GAP ZONE
0.9321 – WR1

Trading Recommendations:
As long as there is no new low: breakout of 0.9140 opens the road to 0.9205 and 0.9233.

As You might have noticed I’m taking a part in „Analyst of the year” contest organised by InstaForex  broker MT5.com portal.
AND
If You like my analysis or You trade it, or You have learnt something new this is my plea to ALL OF YOU: Please vote for me EVERYDAY!
It is free, simple and easy to vote for me EVERYDAY!
This is what You have to do in four easy steps:
1. Register on MT5.COM forum here:http://www.mt5.com/Register/
2. Wait for confirmation email and activation link
3.Click on the link:http://www.mt5.com/forex_analysis_award/profile/index/elliottfxtrader
4. Click on RAISE UP

THATS IT!

BIG THANK YOU!!!

About the author

Sebastian Seliga

Aktywny trader, analityk, ekspert metod inwestycyjnych bazujących na teorii fal Elliott'a, geometrii Fibonacciego i nie tylko.

View all posts

Dodaj komentarz

Twój adres email nie zostanie opublikowany. Pola, których wypełnienie jest wymagane, są oznaczone symbolem *

This site uses Akismet to reduce spam. Learn how your comment data is processed.