🔔 AUDNZD
We this AUDNZD set-up playing out now. We broke out of the accumulation zone to reach the SC level to take out the liquidity resting below the EQL's. On the higher timeframe, we have a higher low of the uptrend being created and we are targeting the SC levels at the top of the impulse at around 1.08220. With a 30 pip risk and a potential 500 pip reward, we have a 1:16 r/r.
We this AUDNZD set-up playing out now. We broke out of the accumulation zone to reach the SC level to take out the liquidity resting below the EQL's. On the higher timeframe, we have a higher low of the uptrend being created and we are targeting the SC levels at the top of the impulse at around 1.08220. With a 30 pip risk and a potential 500 pip reward, we have a 1:16 r/r.