A pattern has been developing on AUDNZD in the past few sessions.
Will this pattern continue or will it break?
Sharp selloff has been happening in AUDNZD which extends to 4 to 5 consecutive sessions.
Our probability meter says that this pattern will likely break and we are BUY bias on this pair.
This sell-off has triggered since Mid June 2021.
We will BUY this pair around 1.0415 for 35-40 pips gain.
Will this pattern continue or will it break?
Sharp selloff has been happening in AUDNZD which extends to 4 to 5 consecutive sessions.
Our probability meter says that this pattern will likely break and we are BUY bias on this pair.
This sell-off has triggered since Mid June 2021.
We will BUY this pair around 1.0415 for 35-40 pips gain.
Trade closed: target reached
As expected target achieved and pattern is broken by an engulfish bullish candle.
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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.