AUD/NZD starting to move up
Price is staying on the range we marked up yesterday, creating some bullish divergence
We have to see how the price reacts if gets out of the range and get to touch the 200 Ema
If that happens there are two possible scenarios, one where we get to break the 200 Ema and then stop on the 800 Ema
And another one is that we cannot break the 200 Ema and come back inside the range we marked up on the chart
TDI is getting in position to go long
Now set your alarms and wait to see what happens
Do not try to predict
Trade what you see not what you want to see
We have to see how the price reacts if gets out of the range and get to touch the 200 Ema
If that happens there are two possible scenarios, one where we get to break the 200 Ema and then stop on the 800 Ema
And another one is that we cannot break the 200 Ema and come back inside the range we marked up on the chart
TDI is getting in position to go long
Now set your alarms and wait to see what happens
Do not try to predict
Trade what you see not what you want to see
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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.
Related publications
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.