This is pretty straight forward stuff, H4 we had a nice impulse up at the start of the year and were getting a correction. Price is around the 61.8fib retracement with bullish divergence so I'm expecting the C up.
Internal wave C may not be over, safest entry is to wait for TL break and bull flag on H1 before jumping in.
If you would like to see more trade setups like this, hit the follow button. If you like my analysis, hit the thumbs up so others get the chance to see this potential setup and you get updates on the trade!
Thank's to all the traders in advance that hit the thumbs for your support!
Internal wave C may not be over, safest entry is to wait for TL break and bull flag on H1 before jumping in.
If you would like to see more trade setups like this, hit the follow button. If you like my analysis, hit the thumbs up so others get the chance to see this potential setup and you get updates on the trade!
Thank's to all the traders in advance that hit the thumbs for your support!
Comment:
Title stuff up AUDNZD not AUDUSD
Comment:
So there was no change in the cash rate today from the RBNZ and we got a nice clean H4 TL break. I do hope all my followers are in this trade and are at BE. If your not in the trade don't just jump in up here, wait for a correction or bullish flag before entering.
Comment:
This trade running along nicely, hold onto it, 1st TP not far away.
Comment:
AUDNZD H1 Update. Checkout the idea detail's to get up to speed thank's.
Comment:
1st TP hit.