AUDNZD is currently sitting inside an ABC correction on the weekly timeframe now that we broke the wedge to the upside we will mostlilly continue higher forming the C wave (check updates)
im currently waiting for the lower degree correction for finish at C to go long to catch the next big impulse to the upside. we have a nice ratio/structure cluster in that area to possiblity find a good entry.
im currently waiting for the lower degree correction for finish at C to go long to catch the next big impulse to the upside. we have a nice ratio/structure cluster in that area to possiblity find a good entry.
Note
this is just a simple view on things. i dont pay much attention to the weekly timeframe. but it fits the idea very well, so.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.