AUDNZD Possible Buy Setup:
Longer term possibilities:
- wait and monitor closely for now. I believe we are either at the start of a short term impulse on 1H, or we can still be in D wave of the 30Min corrective structure
- watch for break of trend to the upside (should show flag on lower time scale above trend line for confirmation)
- if it goes back down below ~1.03675, then set up is invalid and 4HR level structure is still continuing C wave.
Longer term possibilities:
- if it falls below ~1.03503, then 4H structure is invalid and we are still in the B wave of Daily corrective structure
- if it falls below ~1.02329, then Daily structure is invalid and we are still in the C wave of Weekly corrective structure
- Finally, if it falls below ~1.00227, then Weekly structure is invalid and we are still in the B wave of Monthly corrective structure
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