AUDNZD short term buy/Forming a reversal pattern
Hi All,
Looking at chart for the pair, we can anticipate the sell trend is coming to an end. The month support holds good, Bullish candle in 4hr with good volume. We can see the price is now forming an inverse H&S(trend reversal pattern), where we are buying the head.
The plan is to look for only buy in this pair.
Entry , Sl and TP marked.
Thank you
Looking at chart for the pair, we can anticipate the sell trend is coming to an end. The month support holds good, Bullish candle in 4hr with good volume. We can see the price is now forming an inverse H&S(trend reversal pattern), where we are buying the head.
The plan is to look for only buy in this pair.
Entry , Sl and TP marked.
Thank you
Transaction en cours
Trade fermée manuellement
I closed my trade manually, because it is trying to for DB and then move up instead of Inverted H&S. POsted my views clearly in a new post
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.