AUDNZD: Short Term Sell Setup

FX:AUDNZD   Australian Dollar/New Zealand Dollar
3 months ago
Having identyfied price slope at the daily chart of AUDNZD             we may see that price has reached the upper quartile of a long term downslope median line set and we should start looking for a sell setup to complete at that level. In MACD we have a bearish divergence showing this upmove is about to end and what i will personally look for is a breakout below the wedge price is moving in, followed by a correction which when it ends with a new breakout i will join the shorts. I will update if anything interseting happens, so follow and like to get the updates..!

Valid slope median line set:
2 months ago
Comment: Price has broken below the rising channel and it's in a consolidation. We should start now looking for a sell setup to complete. I personally will wait price to reach the upper parallel of the median line and look for a rejection
2 months ago
Comment: For those who trade harmonics we have a pending bearish cypher which completes almost at the same level of the upper parallel
Ideas Scripts Chart
United States
United Kingdom
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Billing Sign Out