AUDNZD Heart of a 3rd wave up

Jun 19, 2015 at 13:28
456 Visa
3 Replies
cobramke
forex_trader_257610
Medlem sedan Jun 19, 2015   1 inlägg
Jun 19, 2015 at 13:28
AUDNZD - This pair had a large 5 wave move down from Mar 2011 high and looks to have made a bottom in April of 2015. Off of this April low the move up counts best as 3 waves and we currently appear to be in wave (iii) of C up. Ideal targets for wave (iii) are in the 1.25-1.38 region. After we top of wave (iii) we should ideally hold the 1.09 are for wave (iv) before heading higher to complete wave (v) of C.
Medlem sedan Feb 01, 2012   1 inlägg
Jun 24, 2015 at 07:18
I agree with you completely keep himself down position on this pair, for whatever strategy you are working?
The Winner
Medlem sedan Oct 11, 2013   775 inlägg
Jun 25, 2015 at 01:33
Very interesting study and analysis. I guess one must be patient to spot those changes in the waves.
Medlem sedan Jul 22, 2014   36 inlägg
Jun 30, 2015 at 19:58
Quite a good analysis for me |😎
Forex - Currency Trading is for Living |
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