Wave-Trader
Long

AUDNZD Expecting Impulsive wave

FX:AUDNZD   Australian Dollar/New Zealand Dollar
3 months ago
Descending channel forming against the impulse. I am expecting solid breakout of short term bearish corrective wave. Remember once it will appear its gonna move pretty fast so keep watching on lower time frame for early pick of this impulsive wave.
3 months ago
Comment: Up trend broken. We have reversal channel formation buy if price come down and retest uptrend broken area here id the update.

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3 months ago
Comment: channel broken down but i think we dont have enough room for the price to go down further this level.

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3 months ago
Comment: Bouncing from bottom.
2 months ago
Comment: Reversal channel forming on bottom Watching for btreakout
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2 months ago
Comment: Watch this formation.
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2 months ago
Comment: Broken out amazingly. Here is next possible structure and we may have sell setup on price action.
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2 months ago
Comment: Watching for sell on price action remember guys breakup is possible.
2 months ago
Comment: Here we got guys. Price playing under trend reversal channel line break up is possible as we can see very strong impulse. If price hold the top then i will look for short here is the update.

AUDNZD watching price action for short. (break up possible)
a month ago
Comment:
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a month ago
Comment:
AUDNZD Watch for strong breakout
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Related Ideas

Wave-Expert PRO
3 months ago
I used this trend line for my entry, so this is where i went wrong , and already opened a long trade !! Thanks a lot for your idea, i just place stop loss below the new trend line !!
snapshot
Reply
Wave-Trader TOP Wave-Expert
3 months ago
LIne are just tolls mate you need to understand the patterns. These yellow lines only tell us about what pattern is there . If price touches any certain line it does not mean get in straight away in the market.There are other indications which must be filled for entry mate. I hope this will help alot.
+3 Reply
Wave-Expert PRO Wave-Trader
3 months ago
:) Yep you are absolutely right !
Reply
Koryphaeen PRO Wave-Expert
3 months ago
I would be careful using these "trendlines" in my trading, especially in determining SL or TP, especially because that (the yellow line in your chart) is not a trend line...
Reply
fstrader1 PRO
3 months ago
Awesome. Thanks for sharing your idea.
Reply
Wave-Trader TOP fstrader1
3 months ago
you are most welcome sir
Reply
itahirmasood
3 months ago
Nice
Reply
xiiimik
3 months ago
Hello! What makes you think that it will move fast? Maybe it will consolidate for a week. Thanks
+1 Reply
Wave-Trader TOP xiiimik
3 months ago
Lets wait for that mate either it is going to make consolidation or moving fast. My experience says to me mate.
+1 Reply
HaiGo
3 months ago
Are you looking for certain reversal candle stick patterns to tell you the down move is finished?
Reply
sachin888
3 months ago
this can go more down. on bigger time frame double bottom than up
Reply
whtangsam PRO
3 months ago
1.07 still a valid target zone? thanks bro
Reply
Wave-Trader TOP whtangsam
3 months ago
yes but this is longer term trade setup
Reply
Dinkan
a month ago
Already have a retest. Let us see how this will turn out
Reply
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