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anilmangal
Sep 1, 2015 2:07 PM

AUDNZD CORRECTIVE STRUCTURE. 

Australian Dollar/New Zealand DollarFXCM

Description

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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Comments
S.V
great !! :) thanks:)
thomas_moyse
In which leg are we in now? Thank you for the update
VijaySanghishetty
I personally would not touch this pair until it shows come evidently visible trade set up.

VijaySanghishetty
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.

anilmangal
It's a correction yes but i don't see it as an abcde more of a triple 3
ChetanFX
I think it will go up from the previous low..
DavidRicardoFX
Is there a good entry? for the short
tommsen
nice, but shouldnt it be a double three then?
anilmangal
If you wish to label it so, the labeling is the least important. take the trade and make money !
IvanLabrie
This, absolutely this...EW is a great analysis tool, but the labels themselves won't make you money.
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