FX:AUDNZD   Australian Dollar / New Zealand Dollar
167 7 11
UPDATE.
price closed below both support lines as mentioned and below 1.0800 consistently H4.
CHART IS THERE.
ENOUGH SAID.
I WOULD BE LOOKING FOR SELL UPON BREAK OF H4 TRENDLINE

COINCIDENCE? NO.

H4

H1 TREND LINES REQUIRED TO BE BROKEN FIRST
Possible shorting scenario.
Requires inside bar fakey h4.
H4
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Appreciate a thumbs up and comments if you traders have benefited from my ideas. It helps.
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IvanLabrie PriceActionTrading
Not sure about long term here, but it should correct soon.
I'd feel safer going long after the correction's over, but we'll see.
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Yes. Whether break or bounce. This spot deserves our full attention.
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Price is currently around the weekly down trend line too.
+1 Reply
Nice observation. I wasnt looking that far :) but glad i did now. Looks like a trade that cannot go wrong eh? breaking so much confluence?
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