The_capit4list

What is the next possible move for AUDNZD?

The_capit4list Güncellendi   
OANDA:AUDNZD   Avustralya Doları / Yeni Zelanda Doları
price is ranging in a down channel that is also part of a major channel of S&R.
What stage of market cycle is the current price? we have counted waves using elliot wave theory to find where prices have been in this cycle and the main question is where do they go next?

a clear picture on a lower time frame will help us solve the next move on AZ, is it north or south?

Professionally yours
The Capitalist






Yorum:
Pair on the move, a perfect drop following end of wave 5.
4H chart shows a clear 1 to 5 impulsive wave structure.
Price in correction.

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