AUDNZD,H1 Date 2020.05.13 2020.05.13 2020.05.13 2020.05.13 2020.05.13 Time 03:00 04:00 05:00 06:00 07:00 Open 1.07291 1.07577 1.07673 1.07538 1.07659 High 1.07653 1.07748 1.07697 1.07669 1.07764 Low 1.07274 1.07468 1.07463 1.0749 1.07599 Close 1.07577 1.07674 1.07536 1.07658 1.07756 Volume 4437 3890 4300 4340 6573 Indicator window 1 Pips...
Green = Impulse. Red = Correction. Red wave 1 = 5 waves within. Met E.wave criteria. i.e Wave 3 longest, Wave 4 does not touch Wave 1. Red wave 2 = 3 waves of ABC. Red wave 3 (Prediction) = 1st wave up (completed and visible 5 waves using lower TF). 2nd wave corrected by abc (Price divergence observed at daily TF). High possibility of projecting into 3rd wave....
Volume divergence, RSI divergence, Stochastic oversold. Price action shows reduce in sell momentum.
Consolidation, stop hunt, trend run, reversal. And repeat. This is how the market works cause retails have to blow their account before the big boys move. Currently, in triangle consolidation. Stop hunt requires before going up to 114.500 Buy limit, with good RR. In the big H4 consolidation, lookback 1535 bar will see the POC at 114 range. postimg.cc Document for...
Long. Too lazy to do calculation.. It is trade for me. Let my script do the job. Trade #06 Enter at market