Here is daily chart of AUDUSD on 27th August. We seem to be in wave 3 down currently which should go around 0.67374 level before we have a bounce in wave 4. Overall, this impulse down might go near 0.66 levels in days to come.
I have refrained to analyse Torum so far since it’s relatively new and for counting long/medium term Elliott Waves, there has to be enough (a few years) data. Today I was able to count a clear 5 wave impulse up in daily chart hence decided to give it a go. From July 13th, Torum went…
This is weekly chart of Bitcoin. From start of 2019, Bitcoin (BTC) has been in a clear 5 wave impulse which ended in September last year after seeing a peak price of $69K. Since then BTC has been in corrective mode. Earlier it looked like regular zigzag (ABC) correction and my assumption was that downside…