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AUDNZD - Strong Resistance Ahead!
Australian Dollar / New Zealand Dollar
AUDNZD - Strong Resistance Ahead!
By TheSignalyst
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Feb 1, 2023
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Feb 1, 2023
Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst.
on DAILY:
Left Chart
AUDNZD is approaching a resistance zone so we will be looking for sell setups on lower timeframes.
on H4:
Right Chart
AUDNZD is approaching the upper trendline of the rising channel in red.
As price approaches the purple zone, as per my trading plan, I will be looking for potential bearish reversal setups on lower timeframes.
Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
aud
AUDNZD
Bearish Patterns
Chart Patterns
Forex
longterm
NZD
reversal
Trend Analysis
Wave Analysis
TheSignalyst
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