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kidagaka123

AUDNZD Short idea - Diviregence 1H Time frame

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Dollar Australia / Dollar New Zealand (FX:AUDNZD)  
kidagaka123  
FX:AUDNZD   Dollar Australia / Dollar New Zealand
Technical Indicators Trend Analysis Chart Patterns AUDNZD rsi_divergence rsidivergence Supply Zone resistence sellsignal sellzone sellsetup sellsignals
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indicator trendanalysis chartpattern audnzd rsi_divergence rsidivergence supplyzone resistence sellsignal sellzone sellsetup sellsignals
After a good bullish rally for AUDNZD, the pair reached the horizontal resistance zone combined there with a supply zone. From the perspective of RSI there is bear divergence on 1H time frame. It is a bit risky to enter in a sell position right now, but if we have a good candlestick confirmation it would be great. However, the stoploss could be outside the supply zone. The line for takeprofit 2 is the zone which I aim to close eventual position
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