AUDNZD has a great chance to pop up much higher after confirmation of this 3 simple steps that the market is showing us right now.
1) Breakout of the Daily Channel
2) Bullish Candlestick formation
3) Strong Volume Bar (indicates more buying interest)
with that said the market is communicating with us telling us that he is getting ready to break up higher, Why?
from seeing the breakout the Bulls are telling us, look I had the strength to breakout with a strong full body candle pushing through the whole channel, and not only that but also see the volume of buyers that are coming in as well to support this move, basically we also see what other people are doing.
with just this 3 simple confirmations we can get a pretty good idea what the market is doing next.
if you still don't understand don't hesitate to comment or PM in private
Happy & Easy Trading!
P.S nothing what i said here is certain that its going to happen, this is only my projection based of my knowledge and experience in the market
1) Breakout of the Daily Channel
2) Bullish Candlestick formation
3) Strong Volume Bar (indicates more buying interest)
with that said the market is communicating with us telling us that he is getting ready to break up higher, Why?
from seeing the breakout the Bulls are telling us, look I had the strength to breakout with a strong full body candle pushing through the whole channel, and not only that but also see the volume of buyers that are coming in as well to support this move, basically we also see what other people are doing.
with just this 3 simple confirmations we can get a pretty good idea what the market is doing next.
if you still don't understand don't hesitate to comment or PM in private
Happy & Easy Trading!
P.S nothing what i said here is certain that its going to happen, this is only my projection based of my knowledge and experience in the market
