glennmercer
Long

AUDNZD Double Triangle: Long After Pullback (Wave-iv)

FX:AUDNZD   Australian Dollar/New Zealand Dollar
Hey traders! AUDUSD             has potentially completed a double combination triangle/triangle sideways correction. The breakout into wave-e was expected, now it's time to buy the pullback toward wave-v-of-((c)) if one should occur. SL can be placed tightly below wave-i which acts as an invalidation level. Will update wave count as they roll out.
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OAKS PRO
2 months ago
looks it is in a reverse pattern now, if close above 1.03, then could be ambitious with target next week
+1 Reply
glennmercer PRO OAKS
2 months ago
Yes, higher target definitely possible. Let's be reactionary
Reply
ogral
2 months ago
perfect ... think the same way.... pul back and 50-60% fibo and buy to the next level.
+1 Reply
glennmercer PRO ogral
2 months ago
Ride it out!
Reply
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