AUDNZD short for 1.04 or 1?

132
AUDNZD On D and W I see short and on 4H maybe one more wave up as wave 5 watch image from below. For the ones that want to long ,wait a break of yellow or red line and a flag after the break (a safe entry for long is after the pink line) BUT the short is a great R:R for long term. For short right now is a bad time wait a better entry like a flag or the end of the wave 5 and break of it.
snapshot
Note
Look for short entries
snapshot
Note
If we pass green zone, we will see a double top maybe. Short idea stays in play until we pass the top and get a confirmation for long. snapshot
Note
snapshot

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.