Long

AUDNZD double combination is about to end

Updated

this corrective pattern looks like a double combination.
Momentum is shifting from down to upside.
i will buy if it breaks above d wave of triangle.

Note

this pair didn't act as I expected. but now its making a deeper correction. I anticipate another wave to downside for a flat type of correction and then an impulsive wave as wave 5 to upside

Note

below is another scenario for this pair. structurally it may be in the wave 5 right now. so at this point there is no trade setup, we have to wait and see how price acts on that level.

Note

although the scenario of one more wave to down for flat is preferable

Note

Im waiting for this corrective pattern to end to join wave 3 of impulse

ard3413

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