AUDNZD Completed a Bullish Deep Crab pattern

The H1 time frame chart is showing us a potential trade.
Price tested the PRZ and the H1 RSI is oversold and formed a bullish divergence

Transaction en cours:

TP1 Hit. Moved Sl to break even (Risk Free trade from this moment on)

Commentaire:

From my understanding of Elliott Wave, we can predict the target of the 5th wave up to be around 1.1300

Trade fermée: ordre d’arrêt atteint:

Protective stop loss triggered. Out of the trade