Get started
Australian Dollar / New Zealand Dollar
Short

AUDNZD: Harmonic Pattern & Structure

By VasilyTrader
snapshot

hey guys,

AUDNZD is approaching a key daily/4h structure resistance.

the horizontal structure matches perfectly with a completion point of the harmonic cypher pattern.

for confirmation, wait for a breakout of a rising channel on 1H and then sell aggressively or on retest.

target levels:
1.065
1.063

safest stop is above the last higher/lower high within the channel.

in case of a bullish continuation above the underlined potential reversal zone on 4h,
setup will be invalid.

audAUDNZDaustraliandollarChart PatternsCurrenciesForexHarmonic PatternsnewzealanddollarNZDParallel ChannelTechnical Analysistrading
VasilyTrader
✅Join My Telegram Channel: t.me/VasilyTrading

❗️YouTube Channel youtube.com/c/VasilyTrader

💰Instagram: instagram.com/VasilyTrader/ 💰

✅Facebook: facebook.com/VasilyTrading/ ✅
Also on:

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.