AUDNZD Wave Analysis - Weekly momentum kicking in
The weekly momentum is finally kicking in. After the fake breakout on the weekly TF we had a retracement the whole week.
Long term perspective:
We now got:
Long term perspective:
We now got:
- Retracement to 61% fibonacci level
- 5-Wave structure to support
- RSI-Divergence on 1H
- Oversold indicators on 4H
- Price action candlestick signal at support
