Search
Products
Community
Markets
News
Brokers
More
EN
Get started
Community
/
Ideas
/
AUDNZD - Expecting A Decent Retracement
Australian Dollar / New Zealand Dollar
AUDNZD - Expecting A Decent Retracement
By KarYong
Follow
Follow
Jun 5, 2017
9
Cheer
Cheer
Jun 5, 2017
Price fell sharply last two weeks and we are now expecting a retracement to the upside with the following confluences -
1) A completed higher degree WXY
2) A completed smaller degree WXY
3) A completed Bat pattern
4) A RSI divergence formed
All these give us the confluences that we might see a decent pull back to the upside for AUDNZD.
Quiz: With this information on AUDNZD, what additional edge does it provide?
aud
AUDNZD
Bat
correlation
Elliott Wave
Harmonic Patterns
intermarket
NZD
technical
KarYong
Follow
Follow
Related publications
AUDUSD - The Power of Confluences
by KarYong
NZDUSD - Potential Reversal Trade
by KarYong
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the
Terms of Use
.