wstipp18

AUDNZD Short For Wave 3 (EW analysis)

Short
OANDA:AUDNZD   Australian Dollar / New Zealand Dollar
After a 5 wave move down, it looks like there's an opportunity to sell into wave 3. If this count is correct we should see a sharp move down. I am possibly expecting a slightly larger move up before the final move down so bear that in mind. I'm going to try to let this one run a bit so I can get a nice boost in my account. Targets at w1 = w3 and stop at .786 of w1.

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.