AUDNZD Shorts Fib level and bearish engulfing on lower timeframe
Price on a steady downtrend. Retracing on the 61.8 fib level on the 4H timeframe with a long rejection wick (bearish engulfing pattern on the 1H timeframe as well. Waiting for the 1H candle to close as a bearish engulfing to go short)
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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.