AUDNZD | 4Hr | Elliott Wave
AUDNZD is ready for correction. It is indicated by 3 factors:
(1) Elliott wave tool by tv - it shows us the 5th wave is completed on 4hr tf, and wave A (correction) has started.
(2) 4hr BOS - Break Of Structure on 4hr shows potential change in character of the current trend.
(3) Divergence in MACD + RSI on top of that RSI is below 50 which shows bearishness and MACD below 0 too.
im short!
Note: Analysis is only for education purpose.
ALL THE BEST!
(1) Elliott wave tool by tv - it shows us the 5th wave is completed on 4hr tf, and wave A (correction) has started.
(2) 4hr BOS - Break Of Structure on 4hr shows potential change in character of the current trend.
(3) Divergence in MACD + RSI on top of that RSI is below 50 which shows bearishness and MACD below 0 too.
im short!
Note: Analysis is only for education purpose.
ALL THE BEST!
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