Trend Wave Exteme Analysis (03/11/2014)

Today we see a lot of opportunities to buy Australian Dollar

Using the Trend/Wave/Extreme indicator we find the following trading opportunities.

EURAUD Sell (4 hour)

EURAUD 20140311

  • Trend Bar is Red filled at a level of -56% showing Down trend
  • Wave and Extreme Bars are Green filled showing an Up correction should be ending
  • A Down trend line
  • Correction so far has been 111 pips
  • Possible Take Profit 1.42178
  • Possible Stop Loss 1.43447/1.43702

AUDCHF Buy (4 hour)

AUDCHF 20140311

  • Trend Bar is Green filled at a level of 56%  showing Up trend
  • Wave and Extreme Bars are Red filled showing a Down correction should be ending
  • An Up trend line
  • Correction so far has been 70 pips
  • Possible Take Profit 0.84682
  • Possible Stop Loss 0.84017/0.83681

AUDNZD Buy (4 hour)
AUDNZD 20140311

  • Trend Bar is Green filled at a level of 78% showing Up trend
  • Wave and Extreme Bars are Red filled showing a Down correction should be ending
  • An Up trend line
  • Correction so far has been 82 pips
  • Possible Take Profit 1.1300
  • Possible Stop Loss 1.12206/1.11482

Read about the Trend/Wave/Extreme system here

The following is an analysis of the currency markets using the Trend/Wave/Extreme  . You can read about the system here. Please read our Risk Disclosure and Terms of Use  prior to making a trade using this information.