AUD/USD Elliott Wave Correction ABC

AUDUSD Awaiting Correctional Wave ABC

Potential correction on Elliott Wave

Rules for Elliot Wave

• Wave 3 can never be the shortest impulse wave
  Wave 2 can never go beyond the start of Wave 1
  Wave 4 can never cross in the same price area as Wave 1
  

Support Level: 0.7750

Stop Loss: 0.7740
Target: 0.7928
Risk to Reward: 1:5