8/22/2012

First One AUD/NZD

Let me start with something that really shocked me as very high probable bottom of AUD/NZD.




Sorry for mess in Fibo - but nothing that can be made more on MT4.

So Firstly we have an ABC correction on D1.

Typical bottom for wave C is 100% of wave A projection. Retracement of last move up: 61,8%.

So there are 2 of them.

But going to H4 shows more:




There is 1-4 move here and now I'm looking for bottom of wave 5. And typical for it it is: 100% of wave 1 projection - this is here.
78,6 of 1-3projection it is here.



So there are 4 of most probable Fibo group in 10pips range for D1 and H4. That can be really good trade. But in few days. Patience needed.

1 comment:

  1. Apply to join our dynamic, friendly team of professionals for a career in forex-careers.

    ReplyDelete