Hi traders,
On this AUDNZD we can see my Elliott Wave count on the 4H timeframe. I think we are soon going to start the fifth wave and from there make an ABC correction. My fifth wave length is based on the first wave length.
Cheers
Simply look left... Each point of conflict has been mapped out. Now we just need to respect history to avoid any surprises.
I am shorting this pair. Selling 5 - A. Leaving B ALONE. Then resuming my short, but Selling B to C.
Fundamentals still intact and with the release of OPEC monthly report strengthens the idea to go long in oil
Disclaimer*
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Price has failed to break 1.74800 for wave 3, 5, and B. Heavy consolidation during Wave 5 which was the last chance for buyers to reach higher highs, however price halted and broke the bullish Trend-Line. For B we had confluence with a retest of the broken trend-line and a retest of the supply zone. Looking to see how price reacts to the lower zone, if we get a...
New Zealand Dollar Weakens as RBNZ Rate Decision Nears : The New Zealand Dollar weakened in otherwise quiet Asian trade as the markets prepared for the on-coming RBNZ monetary policy announcemen
EURUSD has just broken its corrective structure and I am expecting to see price form an impulse to the downside. Wait for a corrective pattern before entering short. Good luck and safe trading
This pair remains bullish (see video and larger chart). Probably a 5 wave advance from Tuesday, so looking for a correction and a very bullish move into next week.
Hey traders, a potential breakout toward wave-C of this potential zig-zag is approaching. Looking to ride the C wave up toward potential (a)=(c) target. Of course, if invalidation is broken I will be out to re-evaluate. Target is tentative based on price action. Cheers
![CL1!: [Update] Crude Oil Elliottwave Count](https://s3.tradingview.com/1/1Va9RM3L_mid.png "[Update] Crude Oil Elliottwave Count")
