Volume has been created and the zone has been made. Price will move inside the zone and retesting the zone validating the downward move. Watch for selling opportunity by the successful zone test. If zone break that mean zone is invalid and must search another pattern. The recommendation is to watch for short opportunities down trend move.
Notes: 1. AUDNZD already formed some OBV divergences and Up cloud appear. 2. AUDNZD need chinkou span to breakout the cloud to give further confirmation. 3. Need OBV breakout to confirm up trend.
Important Notes: 1. Strong resitance on EURCHF 2. Break out and then create flag will validate the down move 3. OBV already divergence and need break out to continue
Important note: 1. Volume is already on attack. 2. Waiting for price consolidation on lower timeframe 3. Price likely will on strong horizontal line resistance.
Importan Note: 1. Trendline is break and Daily trend continuation. 2. OBV trendline breaout with good direction. 3. Volume is overpower with energy. Trade with care.
1. AUDUSD sell resumption will be happen if correction pattern happen. 2. Further breakout is needed for confirmation on OBV 3. Daily time frame supporting this resumption happen.
Important Note: 1. Daily OBV is already Divergence 2. There are strong resistance that already tested 3. Double divergence is formed.
3 important thins: 1. Price go lower but RSI is declined and volume is relatively low. 2. Wait for confirmation for line breakout 3. Entry buy but wait for right time.
3 importan things: 1. After a short break on up trend, NZDCHF keep on bullish trend but with low power. 2. Power can be see on volume, as we can see here volume is declined 3. OBV will show divergence soon if price close lower than previous low.