AUDNZD: Do You See This Cute Pattern Forming 🇦🇺🇳🇿
AUDNZD is trading within an expanding wedge pattern.
Reaching its resistance, the price dropped two times forming a head and shoulders pattern.
I am waiting for a neckline breakout as a trigger for a further decline.
I need at least 4h candle close below 1.0396 - 1.0405 area.
Next support will be 1.035
In case of a bullish breakout of the wedge, the setup will be invalid.
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✅Join My Telegram Channel: t.me/VasilyTrading
❗️YouTube Channel youtube.com/c/VasilyTrader
✅ Facebook: facebook.com/VasilyTrading/
⭐ My Forex & Gold Broker: bit.ly/vasilyforexbroker ⭐
❗️YouTube Channel youtube.com/c/VasilyTrader
✅ Facebook: facebook.com/VasilyTrading/
⭐ My Forex & Gold Broker: bit.ly/vasilyforexbroker ⭐
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.