AUDNZD Weekly analysis and my reason for target to the moon y ? understand EW. Otherwise its difficult to understand this chart below
1. The low 1.0001 on 30 march 2015 is the wave v) or after 5 yrs 6th mar 2020 made a low of
0.9996 5 pips lower than previous is the end of wave v) in the ending diagonal pattern as shown
here...or could be a irregular flat pattern in wave b)...
2. In either condition i am looking for a bullish to 1.212 or 1.2720 whether it could be a bullish or it
could be a irregular flat C of b) need to play here...now i am looking for a BUY TRADE SETUP
and i bought @ 1.0635 with strict stop @ 1.0415 for positional TP
DISCLAIMER : All labeling and wave counts done by me by manually and i will keep change according to the LIVE MARKET PRICE ACTION. So dont bias, hope on my trade plans...try to learn and make your own strategy...Following is not that much easy...I AM NOT RESPONSIBLE FOR ANY LOSSES IF U TOOK THE TRADE ACCORDING TO MY TRADE PLANS....THANKS LOT..CHEERS
Edited 28 May 2021, 13:08
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