AUD NZD FALSE CONSOLIDATION BREAKOUT

Name: AUD NZD FALSE CONSOLIDATION BREAKOUT
Uploaded: 2021-08-11T11:33:08.868088
Channel: shepherdduane
Description: This trade setup is taking advantage of the Bearish Trend on the Daily and 4 Hour Charts, the Tweezer Tops of the Daily Chart and the False Consolidation Breakout on the 4 hour. These are supporting a bearish move in favour of the NZD that is expected to provide gains towards the major support of 1.0418.

Short

Australian Dollar / New Zealand Dollar (FX:AUDNZD)

FX:AUDNZD Australian Dollar / New Zealand Dollar

Trend Analysis Technical Indicators Chart Patterns aud NZD AUDNZD Forex swingtrading consolidation Tweezer trading fxtrading

trendanalysis indicator chartpattern aud nzd audnzd forex swingtrading consolidation tweezer trading fxtrading

This trade setup is taking advantage of the Bearish Trend on the Daily and 4 Hour Charts, the Tweezer Tops of the Daily Chart and the False Consolidation Breakout on the 4 hour. These are supporting a bearish move in favour of the NZD that is expected to provide gains towards the major support of 1.0418.

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.