Price has been trading and moving in an ascending channel so far, currently it's approaching an area of value + the upper dynamic trendline of the channel. If the structure hold, AUDNZD will be experiencing a move downward.

I'll be considering
  • A Risk entry type at the top of the bearish structure at an area of value.

  • Reduced risk entry after the impulsive back down followed by a tight flag or break of the flag.


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