🔔 AUDNZD
We this AUDNZD set-up playing out now. We broke out of the accumulation zone to reach the SC level to take out the liquidity resting below the EQL's. On the higher timeframe, we have a higher low of the uptrend being created and we are targeting the SC levels at the top of the impulse at around 1.08220. With a 30 pip risk and a potential 500 pip reward, we have a 1:16 r/r.
We this AUDNZD set-up playing out now. We broke out of the accumulation zone to reach the SC level to take out the liquidity resting below the EQL's. On the higher timeframe, we have a higher low of the uptrend being created and we are targeting the SC levels at the top of the impulse at around 1.08220. With a 30 pip risk and a potential 500 pip reward, we have a 1:16 r/r.
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.
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.