wave C of Y HAS almost ended here...1.2150 could be touch before the big rise but it can goes up from here
in my opinion 5 cycle has ended and price in also completed wave 1 of A correction...it should be a rise in form of wave 2 of A correction and after that WE SHOULD ABSOLUTELY SELL on this pair...may be in the late days of April or early days in May...GOOD LUCK with this idea
we must be more patient on this pair...it would goes higher to complete wave C in my opinion
GOOD LUCK with this idea
AUD down trend ended and i expexting an strong bullish move in next month
bat zone...ending point of wave 2 of greater wave 5...good zone for capturing wave 3 of 5
in short term its better idea to buy dollar...but in long term its different in my opinion and dollar will go more down in next two month...be aware of false breaking of downward trend line...its a TRAP
possibly we are facing with a wave 2 correction...after that big drop
127% fibo of the wave A 1.6066 could be the ending point of wave B and this price would be a good point to SELL this pair...in my opinion we are facing with a running ABC correction
i believe that price is going to finish its wave 1 of greater wave 5 and next make a correction in form of wave 2...we should wait for wave 3 of greater wave 5...good luck guys
wave 5 is already started and a good point for sell entry is 0.9520
still bullish for this pair up to 1.26000
if 1.5940 break,we will face with an running (irregular) ABC wave and wave b would go further than last high (may be 1.600000) and then start its wave C with target 1.5600 at least...
sell on 1.5840 would give us a wonderful good risk/reward...GOODLUCK
we approaching the ending area of wave 1 and we can sell it on wave 2