AUDCZK - 1D - LONG ENTRY & SHORT ENTRY - DOW THEORYIn this Pair we see a visible Trends in DAILY time frame, in which you can see a Declining Phase, Accumulation phase and then currently in Bullish trend.
THE DEFINITION OF DOW THEORY IS WINNING.
So currently we plan a small SHORT ENTRY of around 170-200 pips
as the Short TP hits we take a LONG Ent
Harmonic + Elliott-Waves, AUDCZK.Harmonic + Elliott Waves, AUDCZK.
* T1-16.923
Fifth normal-Wave expectancy, on account of already 3-wave extended.
Plan (A)
Buy-Safe beyond 16.2 for targets 16.7/16.23/17
Profit-Range 19.923 to 17.175, for "A", "B" and for "C" correction.
Plan (B)
Sell if price would not try to move ab
SELL Aussie / BUY Czech KorunaAnalysis: Potential short on AUDCZK
-Approaching key resistance zone
-Price in downtrend
-61.8% retracement of previous impulse leg
-100% projection of previous corrective structure
-127% extension of corrective move
-100% AB = CD projection
Trade safe and at your own discretion!
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Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.