ccerezo11
Long

AUDNZD ENTRY 4H - COMBINATION OF TRUNCATED ELLIOTT WAVES

FX:AUDNZD   Australian Dollar/New Zealand Dollar
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
I AGREE WITH YOU. AND LOOKING AT THE BIGGER PICTURE, FROM 1 TO 3 IS THE FIRST MOVE OF A NEW MASSIVE WAVE. THEN THE HIGHEST POINT BLUE 3 TO RED5 IS THE CORRECTION ONE. MOVE 2 OF THE MASSIVE WAVE. THIS IS DEFINITELLY GONNA RALLY BIG.
GREAT JOB MY FRIEND
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ccerezo11 lzardoya
@lzardoya, Totally right and I agree with you. Thanks bro
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