Stopped out. Seems we jumped in to soon. EURAUD is clear. 1.40 (2x fib) figure should hold as support, otherwise another strong support near 1.36.
NZDUSD seems to be in a triangle, more upside before bearish break?
Selling 100-150 pips higher.
Good luck friends!
ForceFollower
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I'm still long NZDUSD. I exited my short EURAUD exactly at 50% of your 3-A leg projected forward (downward from your B pivot). GBPAUD - stopped out, I'll stay away from this market for a while, until it gets clearer.
traderWgun
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Good work, I still think AUD and NZD are overvalued and should suffer more losses.
But in trading timing is everthing so let's wait for the right time to sell.
ForceFollower
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A good analysis. Let me follow your idea. SL below the recent low, TP at 1.69115.
traderWgun
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thx for the feedback. Yes we could see a upside correction before a finally low.
traderWgun
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NZDUSD looks like it's starting a bear trend
traderWgun
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#AUDUSD completed 5 up and showing a possible double top
NZDUSD seems to be in a triangle, more upside before bearish break?
Selling 100-150 pips higher.
Good luck friends!