Audnzdlong
AUDNZD Set to Complete The RallyAUDNZD is making a five-wave Elliot Wave impulse pattern.
To complete the impulse sequence, the price is expected to make one last lower high and new higher high as projected on the chart.
The completion of wave (iv) corrective move around 38.2 Fib area will give us the opportunity to take advantage of wave (v).
What's your view on AUDNZD?
AUDNZD TRADING PLANHello dear subscribers!
The price of the AUDNZD H as been moving in an up trend
and is correcting to previous support of 1.0580
Watch price action on 1.0580
and as soon as it retest and breaks 1.0580 mark, you could buy.
Good luck to you.
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AUDNZD May come downtrend til 1.0530I think all of the indicators are showing WRONG DATA for this chart now.
here are some reasons why I say it may go down !!!!
1-as you see, there is a very nice resistance area at top.
2- Double top pattern shows that the price is not strong enough to go high.
3- last high is not higher than previous high
4-its also a shoulder pattern
5-the Fibonacci retracement exactly shows the range
I'm almost sure about falling down.
BUT DON'T RISK MUCH, Its the market !
Have Fun :-)
Mohammad Someaneshin
AUDNZD. Price in the ascending channel.Hi dear friends,
the price of the Australian dollar began to rise in the upward channel,
it happened on March 18.
As soon as the price crossed a key level,
it began to show improved growth rates.
The price will rise to its target,
however, it may not reach the level of resistance.
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This idea does not provide the financial advice.