the structure looks good to sell as there is a gap which needs to be filled also the price is at the resistance level if this resistance breaks we will sell at the next resistance zone which is a major zone, for now aiming for 1.07881 level on lower TF
FOREXCOM:AUDNZD Hello traders , here is the full multi time frame analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. wait for more Smart Money to develop before taking any position . I suggest you keep this pair on your watchlist and see if...
FX:AUDNZD As you can see that, AUDNZD in 1Hr Time frame has formed a Lower low Trend line pattern and a good support level. if it gives rejection at drawn support level and breakout at drawn trend line we can plan for buy side. This is for monday (07-08-2023) Plan your trade accordingly...
If the market reverses from the resistance then we can look for short the market. Otherwise it will continue its trend in upward !have good day
AUDNZD , Head and shoulder pattern formed...Waiting for a retest and then GO SHORT.