The market will develop in the 3rd wave at least until it remains above the trend line. ⠀ 💪 This is one big third wave. ⠀ I recognized it right away, so I’m following the market and moving my stops to higher levels. ⠀ ✍️ This strategy allows me to maximize my profits. Even if the market continues to rise to 5000, I’ll just follow it. ⠀ 💡 This is experience. My 15 years of practical experience have taught me to trust the market and follow its trends. ⠀ ❤️ Join 👉 @ElliottWaveCount | Elliott Wav
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This pattern resembles a triangle 👇 ⠀ 📚 According to EW theory, each wave of a triangle has an ABC structure, which is clearly visible in this case. ✍️ I have pointed it out in the video for your attention. ⠀ 🔺 Another important point is that a triangle is a trend continuation pattern. ⠀ 📈 AUD/USD has a long-term upward trend, so it is likely that the trend will continue after the triangle completes. ⠀ 🙏 Wait for a breakout of the trend line as additional confirmation of the bullish impulse
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