Looking for a five wave move up to 1.1700 to complete this zig zag correction before a strong move down. The first wave up should be near completion.
Note
Still waiting on the wave 2 pullback toward the 1.0500 area. Above 1.07647 before reaching that area would indicate a shallow wave 2.Note
Note
Note really impressed with this wave i of 3 up here but going with a possible leading diagonal until proven wrong with a break of 1.03638. Note
Still looking higher on AUDNZD as long as the 1.02371 holds. Note
We could be nearing the end of wave 2 here this week and start the 3rd wave up. I think the pair is currently in a 4th wave of c of y of 2. When the 4th wave is complete I expect a spike down below 1.03638 for a stop run and then higher.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.