AUD/NZD: Wedge bounce based on RSI bullish divergence.

FX:AUDNZD   Australian Dollar / New Zealand Dollar
1006 11 21
This pair could possibly bounce in the wedge seeing that we have good RSI divergence at the moment.

3 possible targets are on the chart, SL below the lowest low in the wedge , targets based on fib levels of the last move down.

I entered at market @ 1.0978.
Trade closed: stop reached
This is chart which was supposed to be posted .as it depicts AUDNZD heading south .
KVE VimSharma
You might be right, we've broken down through the support line. Divergence remains, but no guarantees in trading!
Thanks for sharing your view!
well, Im sceptic in this scenario due to China. Their economy is pulling down all comodity currencies....
I believe it is heading south ,instead of north .
Ziet er goed uit!
KVE Yahia.Awes
hello is greaT CHART THANKS
But I wait
for a valid revers signal
Congratulations! Your chart is being highlighted today. This is a great use of oscillator divergence to plan a complete trading idea.
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out