OANDA:AUDNZD   Australian Dollar / New Zealand Dollar
Monthly:
- Selling zone tapped


Weekly:
+ LCC
+ ZONE

*Weekly reversal trade after a big bullish push. Bearish engulfing candle shows us that bears are present at that region

Daily:
- Natural W + H&S (Pattern in Pattern)
- IC as S&D zone
- H&S already played out, first continuation after reversal has formed (most powerful)

*Price is reacting on D 61.80 level right now
*We can see that bears have kicked in and that big bulls are out of the market

4H:
- Daily limit
- Bearish Market structure
- 3 leg -68 FC aligns in daily zone
Comment:
Break-Even

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.