At the begining of September 2014. our Elliott Wave analysis for AUDUSD was calling for the 300 pips drop. As we can see on this H4 EWF chart ,decline from the 0.95046 high was marked as complex double three structure – wave(A) which is done at 0.92354 and we were in in wave (B) recovery which had taken form of double three structure. At that time our members knew the recovery (B) in AUDUSD was about to complete and another bearish cycle was expected to take place toward 0.9079-0.8978 area.
Let’s take a look at H1 Elliott Wave charts from the 04. September 2014. to see how we were guiding our members through this pair.
AUDUSD September 4/2014 (NY Update)
AUDUSD September 8/2014 (Mid-day Update)
AUDUSD September 10/2014 (Asia Update)
AUDUSD September 10/2014 (NY Update)
AUDUSD September 11/2014 (Asia Update)
AUDUSD September 11/2014 (London Update)
AUDUSD September 16/2014 (London Update)
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