AUDNZD Weekly View Analysis Prediction

Let s assume a 3 wave corrective structure for more downside.

Easiest is to assume that the first high is taken and then downside.

I have a time prediction projected in the chart for a big change to come.

Let me know what you think.

Comment:

Please keep in mind that this Chart / arrows in the chart represent an corrective structure in development.

The first red up-arrow could be an impulse move to the upside and believing this would lead to a different expectation!

Comment:

Here is the same chart with additional alternative scenario (blue arrows, suggesting we are no longer in the bigger correction)