Hyper-reality

AUDNZD: A clean 3 was move signals a bearish move lower.

Short
FX:AUDNZD   Australian Dollar / New Zealand Dollar
We hope some of you managed to grab some decent pips on the A leg lower and maybe the B leg bounce. Now we see a clean break of the 4hr trendline and nice 3-way​ structure​. We are looking to take the final C leg short for around 100 pips or so before a considered move higher. The alternative count suggests​ a flat correction pushing the ​price to test the lows.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.