AUDNZD Wait for correction to finished to sell
Hi traders:
I am eyeing AUDNZD for short opportunities.
On the higher time frame we have the double tops, price formed a channel structure and drop down.
Now I see a continuation correction being developed, and there is good short opportunities to the recent lows.
I see 2 possible scenarios, a) price correct itself up to the top of current structure and drop
or
b) price break out of the structure and I will look for smaller continuation correction on lower time frame for short.
Thank you
I am eyeing AUDNZD for short opportunities.
On the higher time frame we have the double tops, price formed a channel structure and drop down.
Now I see a continuation correction being developed, and there is good short opportunities to the recent lows.
I see 2 possible scenarios, a) price correct itself up to the top of current structure and drop
or
b) price break out of the structure and I will look for smaller continuation correction on lower time frame for short.
Thank you
Note
Note
Note
Look for completion of this structure
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Publications connexes
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.