FX:AUDNZD   Australian Dollar/New Zealand Dollar
1695 21 110
The AUDNZD             is in a corrective structure ,look like the C leg of the (C) is about to complete .
A possible short term sell for the c of (c) then then i will be looking for a buy set up for the next impulse up.

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nice, but shouldnt it be a double three then?
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If you wish to label it so, the labeling is the least important. take the trade and make money !
+5 Reply
IvanLabrie PRO anilmangal
This, absolutely this...EW is a great analysis tool, but the labels themselves won't make you money.
+3 Reply
tommsen PRO anilmangal
aye Sir! :)
Reply
alr14uk anilmangal
Just trying to get my nomenclature understood... In your pinned chart you mentioned a few different corrective structures. I take it this is the 3 wave flat?
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So far it looks like a flat in the making, what it will be ? I have no clue. Like I said in the pinned post it could be 3 waves or 5 waves.
+2 Reply
alr14uk anilmangal
So a 5 wave would form a triangle and not retrace below A of C? Just trying to understand what to look for... your patience is appreciated!
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alr14uk alr14uk
Sorry, I mean A of (C)!
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For me to make you understand how i do it it will take 6 weeks of interactive training and a year or more support, when would you like to start? Skype me: mangal457
+2 Reply
alr14uk anilmangal
Hehe... We've discussed this in the past. My bank isn't big enough yet and I'm not sure I have the basic knowledge required yet...
+2 Reply
Anytime you are ready :)
+2 Reply
alr14uk anilmangal
Give me a hint then... Is my assessment of the 5 wave right? ;o)
Reply
no
+2 Reply
alr14uk anilmangal
Crap :o(
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Is there a good entry? for the short
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great !! :) thanks:)
+1 Reply
I think it will go up from the previous low..
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Hi Anil,

I am keen to know your view point on the development on this pair.

Here is my analysis.., will be happy to know your opinion.

snapshot
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anilmangal PRO VijaySanghishetty
It's a correction yes but i don't see it as an abcde more of a triple 3
+3 Reply
In which leg are we in now? Thank you for the update
Reply
VijaySanghishetty thomas_moyse
I personally would not touch this pair until it shows come evidently visible trade set up.

snapshot
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