Avustralya Doları / Yeni Zelanda Doları
Alış
Güncellendi

Failed Elliott wave and ascending triangle

122
Hello,

the last daily downtrend movement seems to me like an Elliott wave, that failed to reach last low (5).
I once read, that this could lead to an trend revearsal.
If I consider the move up rejected at point (4) of EW, that seems to me like a triangle confirming the trend revearsal.
Got no clue for target of movement. But I think, it might be at least back to 0.786 Fib Retracement.
Not
AUDNZD is on base of ascending triangle. If structure holds, from here it might be a buy. Finally it might figure out when breaking the upside of triangle.
Emir iptal
The triangle is inactive. So the trade idea has not been validated.

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.