Elliott Wave analysis, as any other analytical method ... that the first and the fourth waves must not overlap in an impulse pattern. This allowed us to identify 1.0916 as the invalidation level ...
This could support a rally in the Aussie, which aligns with the Elliott Wave pattern showing wave A in its final stages, with a strong five wave sell-off from September highs. A bounce could ...
Instead, focus on key technical levels, price personality, correlations and the Elliott wave pattern. Looking back, we saw a strong decline in yen crosses during the summer of 2024, coinciding ...