As AUDNZD approaches a monthly resistance zone RSI shows bearish divergence on multiple scales from weekly to H4.
It is forming on lower timeframe (H4) a triple top, we can sell after a big candle close below the neckline till the next support.
Be careful, until the sell activation, AUDNZD can still be bullish breaking the resistance.
Goodluck,
Joe.
It is forming on lower timeframe (H4) a triple top, we can sell after a big candle close below the neckline till the next support.
Be careful, until the sell activation, AUDNZD can still be bullish breaking the resistance.
Goodluck,
Joe.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.