FX_IDC:AUDNZD   Australian Dollar / New Zealand Dollar
200 1 16
Price looks like completing a 5 wave impulse down to the 1.02-1,01 area. (This is my perception of the wave count shown in chart) Looks to be setting up a corrective wave 4 in the form of a triangle pattern . An aggressive trade could be to sell at point e but the more conservative entry is to enter on the break of the low of d. I will update in post if pattern completes and a entry is taken.
Comment: stop hit. looks to be making strong move up here.
Comment: Reversed back down. It's common for D and E to over shoot the pattern.... Considering if the updated point D is broken I feel it would continue lower to original target level.
Comment: Reading the trend is one thing but extracting profits safely is another will have to wait for target then look at long opportunities
Price triggered my market order
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out