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AUDNZD Big Drop Coming - Sell at G Point & Cypher

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Dolar Australia / Dolar New Zealand (FX:AUDNZD)  
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FX:AUDNZD   Dolar Australia / Dolar New Zealand
AUDNZD Cypher Triangle correction confluence glennmercer gmercerfx
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audnzd cypherpattern triangle correction confluence glennmercer gmercerfx
Wave count suggests a big drop is coming. In addition to the end of corrective wave E we have a cypher completing at the same level. As always, waiting for the bearish impulse and pullback before selling with a tight stop behind base of the impulse. Weekend gap provides T1 and T2 is lower at the 1.272 extension of E-F. This setup will yield a huge R/R with over 130 pips of potential profit! Happy Trading
Komen:
Drop initiated, see sell setup:
AUDNZD Drop Initiated - Short Wave-i-of-((a))-of-G

Idea Berkaitan

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AUDNZD Drop Initiated - Short Wave-i-of-((a))-of-G
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AUDNZD Double Triangle: Long After Pullback (Wave-iv)
Penafian

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