Potential Buy Opportunity on AUDNZD
The setup I called on AudNzd is beginning to play out. Initially, when price rejected from the weekly support level, it popped above the minor swing level and failed to find support for a bullish rally and completely violated the zone.
Now, we've rejected off of the weekly support level once again, and popped above this minor level to try and find support. I have a hunch that sooner or later, we will find enough buyers to drive price towards the significant daily level. I'll be waiting to see how the hourly candle closes before determining if I'm comfortable placing a buy order or not. Just patience for now.
Now, we've rejected off of the weekly support level once again, and popped above this minor level to try and find support. I have a hunch that sooner or later, we will find enough buyers to drive price towards the significant daily level. I'll be waiting to see how the hourly candle closes before determining if I'm comfortable placing a buy order or not. Just patience for now.
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Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.