AUD/NZD - Bearish Cypher.
Hello guys! We have a Bearish Cypher on AUD/NZD, it is almost completed.
- Bearish Cypher.
- Monthly and Weekly Pivots are in our favor.
- Stochastics on Daily time frame are crossing.
- On 1H time frame we have something like ending diagonal and now it is in its last 5th move with huge bearish divergence.
- Canddle formation looks very bearish.
Stop loss - 1.06430
Entry - 1.05798
Target - 1.04858
- Bearish Cypher.
- Monthly and Weekly Pivots are in our favor.
- Stochastics on Daily time frame are crossing.
- On 1H time frame we have something like ending diagonal and now it is in its last 5th move with huge bearish divergence.
- Canddle formation looks very bearish.
Stop loss - 1.06430
Entry - 1.05798
Target - 1.04858
Note
If someone took this one, move your stop loss to profit on Monday. It looks corrective, so it can give one more impulse/spike to the up side.
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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.