AUDNZD has been a weird pair. Ultimate trend down, but stuck in a range for 7 years already, and no breakout in view. For now, I do see it go long, and potentially trap buyers, but we remain neutral on that for now.
Currently, I am eyeing an entry on H1, with the Corrective Pattern broken and potentially getting a retest now. Further confluences are as following:
-H1 Structure
-50%/61% fib retracement
-Breakout of H1 Corrective Pattern
-H4 bullish engulfing
-Seasonal Prime iextremely Bullish
Enter at your own risk and use proper risk management.
Currently, I am eyeing an entry on H1, with the Corrective Pattern broken and potentially getting a retest now. Further confluences are as following:
-H1 Structure
-50%/61% fib retracement
-Breakout of H1 Corrective Pattern
-H4 bullish engulfing
-Seasonal Prime iextremely Bullish
Enter at your own risk and use proper risk management.
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Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.