AUD/NZD The Waiting Game
Chart: 4 Hour Time Frame
Market: Bearish Trend
Bearish Indicators
1. Descending triangle chart patter
2. Lower highs
Because there's not enough evidence to support a short entry, it's best to wait until a signal can be confirmed
on the daily, 4 hourly & hourly time frame. Our expectation overall is bearish.
Note: Awaiting confirmation. On the sidelines for now.
Agree / Disagree? Comment Below!
Market: Bearish Trend
Bearish Indicators
1. Descending triangle chart patter
2. Lower highs
Because there's not enough evidence to support a short entry, it's best to wait until a signal can be confirmed
on the daily, 4 hourly & hourly time frame. Our expectation overall is bearish.
Note: Awaiting confirmation. On the sidelines for now.
Agree / Disagree? Comment Below!
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.