AUDNZD short term buy/Forming a reversal pattern

Pondy_Traders Updated   
OANDA:AUDNZD   Australian Dollar / New Zealand Dollar
Hi All,

Looking at chart for the pair, we can anticipate the sell trend is coming to an end. The month support holds good, Bullish candle in 4hr with good volume. We can see the price is now forming an inverse H&S(trend reversal pattern), where we are buying the head.

The plan is to look for only buy in this pair.

Entry , Sl and TP marked.

Thank you
Trade active
Trade closed manually:
I closed my trade manually, because it is trying to for DB and then move up instead of Inverted H&S. POsted my views clearly in a new post

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.