## AUDNZD 5-Wave + 0.50 Fib Trading Plan
**Wave 4 Bounce Setup:**
- Short at 0.50 Fib rejection
- Stop: Above 0.618 Fib
- Target: New lows (Wave 5)
**Entry Signals:**
- Reversal candlesticks at 0.50 Fib area
- Strong resistance on moving average
**Risk Management:**
- 1-2% risk per trade
- 1:2 minimum R/R
- Take 50% profits at 1:1
**Wave 4 Bounce Setup:**
- Short at 0.50 Fib rejection
- Stop: Above 0.618 Fib
- Target: New lows (Wave 5)
**Entry Signals:**
- Reversal candlesticks at 0.50 Fib area
- Strong resistance on moving average
**Risk Management:**
- 1-2% risk per trade
- 1:2 minimum R/R
- Take 50% profits at 1:1
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.
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.