AUDNZD: A down wave will be coming soon...

Hey Traders, AUDNZD is almost ready for a down wave. Wait for market to give you reaction and look for sell setups, it's a medium term trade.

We can see a 100 pips move minimum and if we get a correction, another drop will be coming to break previous lows as well.

P.S. Do not think that market cannot go higher, wait for your sell setups before you jump in.

If you want us to post more charts, setups and explain more about the next move, make sure to follow us, like and comment.

What we are sharing here is only our point of view on what could be the next move in the market based on our wave analysis concept so this is a directional bias and not signals...


DO NOT FORGET OUR 4 GOLDEN RULES:

1) Do not over-risk
2) Do not over-trade
3) Do not trade without stop loss
4) Never ever add to losing position


Trade with care
We Trade Waves Team

Comment:

One more push up to break the top is coming, after we break the top you look for sell setups again

Comment:

No change in terms of bias/structure, we are still biased to the downside

Comment:

Those of you who are in, move your stops to Break-even and let market unfold.