The AUDNZD is in a corrective structure and the C wave down is about to finish. One more down as in the EURNZD one more down too before the next big move (check link below)
Hope all of you are having a wonderful time. See you tomorrow in the webinar.
if (c) is wxy then why you count it c!? you should count also wxy in blue .
but thats wrong because this is flat and you should count it 3.3.5 the first and second abc was also 3.3.5
MohammedSolaiman
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ard3413
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by ABC labels I mean a complete 3 waves correction phase, nothing more. for me, C wave is more likely a corrective wave rather than 5 wave impulsive, especially when you look it on lower time frames. flat, zigzag and triangle are not the only corrective structures in the world, also there are combinations and complex corrections, this whole correction looks like flat on weekly TF and maybe on daily, but its "possible" for some kinds of combination as well, but if the final result and trade setup is the same, no need for discussion.
MohammedSolaiman
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but still you cant label 3.3.3 with abc .. that should be wxy
and I toke a look at c in my wavecount . its imulse by all rules
ard3413
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i insert this pic just to tell you that your counting is not the only scenario.
ok mate, i think that's enough, we both want it to fly to upside and make thousands of pips.. these discussions has no ending and notifications may bother Anil Mangal..!
robert.zach.7543
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Nice Post Anil! Same view here! Long @ 1,0350
pyramids_Forex
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One more down to 0.886 Fib then BANG UP
Alain-M
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dear, is it valid to enter now ? or we need to wait the consolidation ? and consolidation mean the retest or the break line ? tank you
nahidik
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Good to have you back Anil. I think you are right and we are now in for a big move up. My overall target is much higher but my trade plan is fluid and I need to see how things develop as they go.