AUD/NZD Wedging - Looking for a Break -Levels and Patterns
Price action is currently wedging in a sideways wave 4 heading towards 0.236 fib levels of the last completed 5 count elliot wave. In the past this pair like to make alost full pullbacks so I could see it heading down to said levels breaking this wedge to the downside wave 5 short. I will not be taking the trade until i see a direction out of this current structure but bias is short until major cycle is complete. indicators are choppy and showing signs of sideways movement , looking for overbought or oversold signals at wedge tr support/resistance to play the breakout.
Note
Note
cypher abcd complete and looking for a small extension downward into lower channel wedge support to continue the structure until later this week 
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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.