FX:AUDNZD Australian Dollar/New Zealand Dollar
Comments on the chart. The idea is based on EW. Even if the abc idea is off and a triangle abcde structure is forming price still has to move up towards the 1.1500 area long term
Comment: Price rose today which supports the idea. however its early days yet. Remember the invalidation point is 1.0237. So no applause yet
Comment: big move down today however no serious technical damage was done. Not the move I was expecting though...
Comment: Price took a kicking this week contrary to the published idea. The (B) low is the line in the sand
Comment: Price rose today and in the week as a whole keeping the idea alive