First wave cost 15 bar's time Retracement of first wave cost 51 bar's time and retrace to Fibo 38.2 Second wave cost 17 bar's time Retracement of first wave cost 41 bar's time and retrace to Fibo 23.6 , now cost 61 bar's time and position at Fibo 38.2 More weak than previous retracement. So we try to sell and the Fibo 38.2,stoploss at top of Fibo 38.2
The logical of long for audnzd: Step 1: On the week chart current wave was the corrective wave. because the pattern from 2015/7/19 to now was too mess to be a impulse wave. Step 2: So if the Step 1 is correct, then the chart from 2015/4/12 to 2015/6/28 must be to impulse wave. because according to the wave theory. corrective wave and impulse wave are...
Price came to pressure line and formed trangle pattern. watch for breakdown to sell
The double bottoms second bottom occur. Buy at current price:1.54xxx-1.50xxx Stoploss : previous low point Takeprofit: Keep it going
In the 4 hours chart down channel limit the price and good entry for short Sell at 0.7450 Stop at 0.7470 Take profit at 0.73400
Price Limit by Fibo 1.618 Price Limit by Press Line Price Limit by Wave Price Limit by ...... Sell
Price arrive the bottom of up channel good entry for long Open 47 Stop 46 Take profit 50
Good entry point to big sell. In the month chart price at 0.236 Fibo resistance IN the day chart price pattern look like double top Sell at :5871 Stop at :5990/6000 Take profit : 5660/5000/3270
Wait Price Arrive the 1.38xxx the the price will limit by the up channel and fibo 0.382 it will be good entry for short
The trend line support and neck line support which price touched the Fibo 0.768 and the pattern same as usdjpy. And have the best RR Buy at:0.6870 Stop at:0.6860 Take profit at:0.7730 RR: 95:1 it looked awasome Trading Carefully
In the month chart current in the corrective wave, we can wait the fibo bellow the 0.146/0.09/0.0/-0.09 to set the buy limit
Buy at 82 StopLoss previous low point Takprofit 88
In Week Chart: Big impulse wave 12345 already finished. Now begin run the corrective wave ABC and current in the C wave's 3 wave. Buy at 1.07200 Stop loss : D1 Previous low point Take profit: Let it run
Down Channel Support at 108 and Fibo 0.5 Buy at 108.5 Stop Loss 108 Take profit 110