AUDNZD is sitting around a daily resistance in blue so we will be looking for sell setups.
on M30: AUDNZD formed a head and shoulders pattern but the setup is not ready to go yet.
Before we sell, we need the bears to take control.
Trigger => Waiting for a momentum candle close below the gray neckline to sell.
Until the sell is activated, AUDNZD would be overall bullish and can still trade higher.
on M30: AUDNZD formed a head and shoulders pattern but the setup is not ready to go yet.
Before we sell, we need the bears to take control.
Trigger => Waiting for a momentum candle close below the gray neckline to sell.
Until the sell is activated, AUDNZD would be overall bullish and can still trade higher.
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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.