on this video we are trying to find good set-up for short trade in AUDNZD .
feel free to ask your question here or in private about this analysis or our telegram channel and our service.
best regards
TH team
as mentioned in weekly analysis we are anticipating a signal for short trade. here in H4 we got it ! divergence is obvious and stochastic indicator made bearish reversal and price has some kind of pull back to bullish trend line.
As we noticed in last monthly analysis of gold we are at wave c of B in supertrend
in c from price and indicator position Gold is at the end of wave 3 of c. So having some weeks sideways down for it is expected.
NZDCHf has probably completed wave "c" and it's correction started from 18 dec 2018 and is ready to start new bull trend and make new high.stoch indicator is in deep oversold position and by getting bull reversal at lower timeframe(H4 or H1) one can enter to a long trade.
IN weekly timeframe EURNZD is bearish but not in interesting position for short trade.so we stay for convinient position with minimum capital exposure.
