AUDNZD is in a downtrend. At the end of wave 5, we can catch a BUY signal to reverse the trend when a bullish 2 Dow pattern appears on the h1 time frame. TP 1 is at the old wick peak, equivalent to RR ratio 11. When breaking the trendline, we have TP2.
BUY AUDNZD scalping small Lot now zone 1.08200
↠ Stoploss 1.08000
→ Take Profit 1 1.08400
→ Take Profit 2 1.09200
BUY AUDNZD scalping small Lot now zone 1.08200
↠ Stoploss 1.08000
→ Take Profit 1 1.08400
→ Take Profit 2 1.09200
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Disclaimer
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