AUDNZD
▪️Bearish channel break
▪️Retest formed
We have the break of a bearish channel, we can see that the retest is forming.
We will wait for it to touch the 50% fibonacci retracement, which coincides with the last high of the bearish channel.
We will wait for confirmation in 4h candles to enter the longs (buy)
▪️Bearish channel break
▪️Retest formed
We have the break of a bearish channel, we can see that the retest is forming.
We will wait for it to touch the 50% fibonacci retracement, which coincides with the last high of the bearish channel.
We will wait for confirmation in 4h candles to enter the longs (buy)