Pvetrade

Pvetrade

A confirmed break of the horizontal line could mean the end of a channeled ABC correction and trigger upside potential. That being said, a rejection of the upper channel boundary would mean we can expect a 5-wave correction

Pvetrade

AUDNZD might have performed a liquidity sweep at the top of a multi- year horizontal channel that has been tested and rejected multiple times since 2016. Looking for price action at lower timeframes for a potential short entry

Pvetrade

Start of a potential 5th wave to regain the demand zone of the daily chart