AUDNZD Double Scenario
H4 - We have bullish divergence formed and most likely to see double wave correction up and one more leg down.
H1 - Bullish divergence to be created which will confirm the H4 bullish divergence.
Sell -
Aggressive Entry: Wait for the last high (1.07) to be broken first and then we will be looking for the price to break below the trend line and then we can look for sells until bullish divergence is formed.
We can start looking for buys, once we get bullish divergence.
H1 - Bullish divergence to be created which will confirm the H4 bullish divergence.
Sell -
Aggressive Entry: Wait for the last high (1.07) to be broken first and then we will be looking for the price to break below the trend line and then we can look for sells until bullish divergence is formed.
We can start looking for buys, once we get bullish divergence.
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.