Hello,
If you see the long Bullish candle in H4. It is reversal sign.
AUDNZD movement seems to be manipulated since GDP had published on 12/3/2019 PDT.
It may take long time to wait the reveral, because there are too many Buyers with SL. No matter expert trader or beginners.. I believe 95% are under BUY mode. 5% is SELL mode...
There is pending a big news with Tariff Deal between USA and China.
1st. Expected Reversal Price : 1.048
2nd. Expected Reversal Price : 1.038
Please, review my anaysis for Monthly, Weekly, Daily and H4.
Good Luck.
If you see the long Bullish candle in H4. It is reversal sign.
AUDNZD movement seems to be manipulated since GDP had published on 12/3/2019 PDT.
It may take long time to wait the reveral, because there are too many Buyers with SL. No matter expert trader or beginners.. I believe 95% are under BUY mode. 5% is SELL mode...
There is pending a big news with Tariff Deal between USA and China.
1st. Expected Reversal Price : 1.048
2nd. Expected Reversal Price : 1.038
Please, review my anaysis for Monthly, Weekly, Daily and H4.
Good Luck.
Comment:
AUDNZD = Monthly Chart (over sold) ==> I expected it will be hit on Fibo 50%-61% from bottom.
Comment:
AURNZD=Weekly Chart = Elliot Movment Pattern (2 Trned Line = 2 support channel)
Comment:
AUDNZD = Daily Chart = Now, Wait until price action candle.
Comment:
Daily
Comment:
I expect it will be reversal point on 1.0380
Comment:
It is good time to buy now.