Hello Traders, Here we have a developing Wolfe Wave for AUDNZD. The goal of this post is to find point 4, which can be rather elusive. Highlighted in grey is a Wolfe Wave that completed. As this Wolfe Wave was forming we created an ab=cd pattern that gave us points 1 and 2 of the developing Wolfe Wave. Point 2-3 formed as the first Wolfe Wave completed at it's...
Envisage for Price Breakout . Buy above : 1.32421. Sell below : 1.32251
Confiding for price breakout. Buy above : 120.220 Sell below : 119.879
Predict for price breakout . Buy above : 1.49831 Sell below : 1.49387
This is very simialr to the EURGBP trade i posted as also the downward momentum stemming from the greece situation since the start of this month has been broken and I'm expecting bullish momentum to arrive. Expected Target is around 135.90