Sell Opportunity on AUDNZD
On AudNzd, price has had a strong bullish retracement back to a Weekly Horizontal Level and Non-Horizontal Resistance Level.
At this pivot point, price has began to stop its retracement and look to create an H4 bearish candle. I'll be waiting to see how bearish this candle could close. If we could get a strong candle closure, I'll be looking to go short and target the previous lows that were created. Just waiting an hour to see where we're at.
At this pivot point, price has began to stop its retracement and look to create an H4 bearish candle. I'll be waiting to see how bearish this candle could close. If we could get a strong candle closure, I'll be looking to go short and target the previous lows that were created. Just waiting an hour to see where we're at.
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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.