anilmangal
Long

AUDUSD corrective structure

FX:AUDUSD   Australian Dollar/U.S. Dollar
10543 60 224
The AUDUSD             is in a corrective structure making a b of C wave , I would be looking to buy the break out of this down b wave structure. If you are in the sell (a trade call in our trading room) watch it as it comes to the trend line .

Trade with care.
Comment: Hi Guys in our business "a chart is worth a thousands words' so please post a chart with your idea rather that trying to explain it. Remember we all have different understanding of terms like "falling" "drop" "impulse" "rally" etc.
Comment: correction- a thousand* words
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Hi Anil. Here is my view on the ABC pattern which is running flat same as yours, But feel that B wave is not yet over since in running flat, it should be very close to start point of A wave. Appreciate your comments

snapshot
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Just about a perfect setup - thanks a lot for this! I bagged a few pips on this idea going long Eur/Usd which found support just around 1.08 and followed Aud upwards due to Usd weakness.
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AdamFx42 AdamFx42
https://www.tradingview.com/chart/EURUSD/hBxXv758-Looking-for-double-bottom-in-EurUsd/
Looking for double bottom in EurUsd
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Cant wait to buy the break , thanks man.
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I got a similar view! take a look :)
Trade with a good risk/reward in the next few days
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nice! target hit
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Good god Anil. Your always on point with your analysis.
+1 Reply
Dzogchen ddp922
There's also a bullish cypher with the d leg completed here off the 4h chart. Don't have time to post cahrt but the XA leg started 11/18
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sumathidenward sumathidenward
this wat i was talking about clarifying with anil . with all the respect anil u showed how to see this set up anil .
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