AUDNZD Weekly Fakeout
The weekly close is near and an interesting pattern formed. Have a close look at the weekly chart to see the power of this pattern.
We now have:
Market was sold off, but quickly recovered and closed inside the box. This indicates, that the selloff was not sustainable.
I was watching AUDNZD for some weeks now, have a look at the last two analysis to see the exact predicted entry:
The last one had the 4H double bar entry signal mentioned in the text:
The previous analysis made clear, that the triangle forming is wave 4 and a final push to the downside is required to finish this pattern.
Watch out next week for a good entry signal. Take advantage of the never-ending stream of opportunities in the markets.
We now have:
- Outside mother bar, No close out of the box
- Classic fake breakout
- Wave 5 finished on Daily/4H timeframe
Market was sold off, but quickly recovered and closed inside the box. This indicates, that the selloff was not sustainable.
I was watching AUDNZD for some weeks now, have a look at the last two analysis to see the exact predicted entry:
The last one had the 4H double bar entry signal mentioned in the text:
The previous analysis made clear, that the triangle forming is wave 4 and a final push to the downside is required to finish this pattern.
Watch out next week for a good entry signal. Take advantage of the never-ending stream of opportunities in the markets.
Publikasi terkait
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.