We are expecting AUDNZD to give us a buy setup, it has a tendency to keep going down slowly until you see confirm buy setup as per your system do not jump in. When it's ready it will shoot up sharp and if we don't get a buy setup next week we will not trade this pair.
Now, after experimenting all the technical analysis techniques over the past 8+ years, i.e. Dow theory, Elliott wave theory, Advanced patterns, Harmonic patterns , Support & Resistance , Chart patterns and Indicators.These methods might be working for so many people but we came to the conclusion that only "Wave Analysis" is powerful enough to make us consistent profitable forex traders.
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What we are sharing here is only our point of view on what could be the next move in the "Forex market" based on Wave Analysis and not signals...
Trade with care We Trade Waves
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Move stops in profit, wait for correction to buy again.