BHP 1.61% $40.96 bhp group limited

Hi shetoldmetosellhere is my take on the XAO from an elliot wave...

  1. 58 Posts.
    Hi shetoldmetosell

    here is my take on the XAO from an elliot wave perspective, looking for a wave 4 up to complete between 4000-4500 (the pink box on the right of the chart), in an a-b-c(up-down-up) pattern, but unfortunately from there i am looking for a wave 5 down move to 2600-2700 which coincides with the 2003 lows and a 61.8% retrace from the Nov high of ~6800

 
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