AUDNZD- buying opportunity?
**Daily**: Creating a triangle pattern. Recent price action is bullish. Approaching on strong trendline.
**4H**: Recent price structure is bullish. Current price is in the building up phrase in ascending channel. MACD shows not much momentum is in the market. I expect a further pull to the upside.
**What to do now? When to sell?**
- Expect it will continue upside momentum to the previous strong resistance.
- Enter the long trade now as it approaches the support zone in the ascending channel and formed bullish engulfing candle.
Please set your SL according to your risk appetite. Good luck trader!
**4H**: Recent price structure is bullish. Current price is in the building up phrase in ascending channel. MACD shows not much momentum is in the market. I expect a further pull to the upside.
**What to do now? When to sell?**
- Expect it will continue upside momentum to the previous strong resistance.
- Enter the long trade now as it approaches the support zone in the ascending channel and formed bullish engulfing candle.
Please set your SL according to your risk appetite. Good luck trader!
Trade closed: target reached