Potential Short Setup - Typical ABCDE

FX:AUDNZD   Australian Dollar / New Zealand Dollar
58 4 1
Potential Short Setup - Typical ABCDE
check the revised version for this trade
I like this idea a lot. I like abcde structures. Might not get all the way down to 1.1000 before turning up though
check the revised version for this trade
i think its ready for long ! - careful with SL - it can spike down for stop hunt and move up. i am not anticipating it will cross point "D"
Olu baraq.adnan
I agree B. After an EW abcde situation like this one there is usually a thust upwards that should take out the b-d high. I will be looking for longs
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