girolamoaloe
Short

AUDNZD - Ready to Sell in the thin Supply Level for a Swing

FX:AUDNZD   Australian Dollar / New Zealand Dollar
The price took out the lower supply level visible on weekly chart. Now, focusing on the Price Action I am going to sell on the head of the previous swing. My order is on a Supply Level visible on daily and 4h charts.

A price action pattern, like a Bearish Triangle, generally show 3 swings before to break down. The trading experience reveal also that generally any new swing in the pattern starts just under the head of the previous one.

Then, considering the supply, the bearish behavior on monthly chart, the potential pattern, I can look for a sell order.

On chart my trading plan with arrows to mark potential entry points.

What do you think?

Thank you

girolamoaloe.com
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