AUDNZD - Buy
AUDNZD forms an inverse head and shoulder plus a bullish divergence, this suggests that the chances are the trend may reverse and form new higher highs and higher lows.
Take buy-stop entry which is safer than the instant buy. We still need confirmation that the neckline of the inverse head and shoulder is broken.
Buy Stop: 1.06134
Stop Loss: 1.05865
Take Profit: 1.06406
Take buy-stop entry which is safer than the instant buy. We still need confirmation that the neckline of the inverse head and shoulder is broken.
Buy Stop: 1.06134
Stop Loss: 1.05865
Take Profit: 1.06406
Trade closed: stop reached
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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.
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.