AUDNZD M15 Trade
On the H1 chart, I've adopted a bullish outlook, anticipating further upward movement.
The next significant supply zone is just over 30 pips from the current price. The 0.618 Fibonacci extension aligns within the supply zone, suggesting potential resistance in that area.
I'll be dropping down to M15 to find an entry opportunity and placing a Pending Order to capitalize on the upward trend, while also protecting my position in case the price reverses.
The next significant supply zone is just over 30 pips from the current price. The 0.618 Fibonacci extension aligns within the supply zone, suggesting potential resistance in that area.
I'll be dropping down to M15 to find an entry opportunity and placing a Pending Order to capitalize on the upward trend, while also protecting my position in case the price reverses.
Order cancelled
Price went lower and our Pending order was not triggered. On to the next one! 
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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.