Hello everyone, if you like the idea, do not forget to support with a like and follow.
on WEEKLY: AUDNZD is sitting around strong resistance in green 1.070 so we will be looking for sell setups on lower timeframes.
on H1: AUDNZD formed an objective trendline in red so we are waiting for a new swing to form around it to consider it our new trigger swing.
Trigger: Waiting for a momentum candle close below the gray area to sell.
and until the sell is activated, this one would be overall bullish and can still dive inside the green zone.
As price approaches our lower blue support, we will be looking for buy setups.
Good luck!
on WEEKLY: AUDNZD is sitting around strong resistance in green 1.070 so we will be looking for sell setups on lower timeframes.
on H1: AUDNZD formed an objective trendline in red so we are waiting for a new swing to form around it to consider it our new trigger swing.
Trigger: Waiting for a momentum candle close below the gray area to sell.
and until the sell is activated, this one would be overall bullish and can still dive inside the green zone.
As price approaches our lower blue support, we will be looking for buy setups.
Good luck!
This analysis is done using RichTL
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www.RichTL.com
My Telegram Channel
www.t.me/thesignalyst
Best CFD broker
cutt.ly/TickmillReal