AUDNZD ENTRY 4H - COMBINATION OF TRUNCATED ELLIOTT WAVES

LOOKING FOR A BUY SET UP IN AUDNZD. WE HAVE A BLUE AND RED ELLIOTT TRUNCATED WAVES, YOU CAN VERIFY IT BECAUSE OF THE PURPLE STRUCTURE AT THE TRUNCATION ZONES.

THE COMBINATION IS ITSELF A 4H CORRECTIVE STRUCTURE FROM THE FIRST IMPULSE FROM -B- AT THE WEEKLY -ABC- CORRECTION I POSTED BEFORE THIS ANALYSIS.

I AM WAITING FOR THE MARKET TO CONSOLIDATE IN A FLAG AT THE END OF THE 4H CORRECTIVE STRUCTURE SO IT MAKES THE FINAL IMPULSE FOR A BRAKEOUT.

CARLOS