28-06-2022 _ Short Term Bullish Idea _ AUDNZD H4
1- Price action has bounced from bottom of the rising channel with the formation of Bullish Divergence.
2- The price action then flipped by creating new HH thus forming Convergence.
3- This presents a typical case of Divergence followed by Convergence.
4- Once Convergence happens the price either consolidates or retraces before further continuation to the UP Side.
Target @ 1.115
Stoploss @ 1.09445
2- The price action then flipped by creating new HH thus forming Convergence.
3- This presents a typical case of Divergence followed by Convergence.
4- Once Convergence happens the price either consolidates or retraces before further continuation to the UP Side.
Target @ 1.115
Stoploss @ 1.09445
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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.