FX:AUDNZD   Australian Dollar/New Zealand Dollar
291 8 19
We have been on top of AUDNZD             from the lows in 2015.
Last night volatility might have resulted in the bottom of wave 2 by means of wave 'v' of wave 'C'.
If that's the case we saw an impulsive reversal which should be confirmed by means of a consolidation ( bull flag ). This would give us the possibility to buy AUDNZD             by means of buying the continuation.
The long term targets remain the same. I will be looking for 1.15 followed by 1.18.
snapshot


Safe trades!
Comment:
snapshot
a possible bull flag is forming in 15min. but still no confirmation of a continuation though. could be a big trade if this falls in to place
Reply
TimStuyts ruthrajamanie
@ruthrajamanie, exactly. Let it mature in a corrective structure before buying the continuation.
+1 Reply
ruthrajamanie TimStuyts
@TimStuyts, It broke out but didn't give a chance to enter though. I make only conservative entries :(
Reply
Hi, It is my first time to check your charts and iam impressed by your predictions accuracy . I am in the field of trading from one year with no success . I tried everything , read all master pieces of trading and forex , I got disappointed till I checked your charts and said WOW there is still a hope it is predictable , because I started to doubt the efficiency of technical analysis and even trading itself . I want to get your knowledge bro , please tell me if you give course or something .
Reply
TimStuyts ralph.john1000
@ralph.john1000, Thank you for your support! You can visit my website and leave your email. I will keep you notified. I'm not allowed to leave my website here but you can see it on my page profile.
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Hi Tim do you have an updated wave count for the recent price action? Are we already in (3) up or still correcting wave (1)? Thanks!
Reply
@HaiGo, I will update now. I think we are seeing a wave 2 to be in progress. Which is great for new buying opportunities. Safe trades!
Reply
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