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.

Safe trades!
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
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 :(
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 .
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.
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!
@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!
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