AUDNZD (ABCDE WAVE)

Structure contains five overlapping waves A-B-C-D-E
A-B-C-D-E wave is a corrective wave and where the wave ends at E, main trend resumes.
ABCDE is a triangle wave, and final wave E tells us prices will breakout to join main direction.

Professionally Yours

Kommentera:

My apologies I didn't realise my setup was rearranged, the trade is actually bullish
ACE share the same line.

Handel aktiv:

Trade valid

What I meant previously was that the wave count is only valid if the trend ends up moving north.

So what I meant to adress was that the trade setup is solid, but wave count is invalid.
Setup remains valid

AUDNZD 📉 4H