Hello Traders and everyone, I am Hadi Karaali, Known as SNIPERS_FX
If you like the idea, do not forget to support with a like and follow.
AUDNZD NEXT BULLISH IMPULSE.
As we can see price broke above our major swing high resulting by rejecting our lower support zone, then bulls are now in control from a medium term,
Where we will be looking for the next bullish movement as well
Meanwhile, on M30 time frame price is trading inside this falling channel from a short term perspective, then for the bulls to kick in again we need a break above the marked swing high then a movement higher would be expected as a new bullish impulse movement.
Until that price can still trade lower to be diving inside our support zone.
If you like this kind of analysis don't forget to like and follow
and as usual follow your trading plan and manage your risk.
Be patient and good luck!
If you like the idea, do not forget to support with a like and follow.
AUDNZD NEXT BULLISH IMPULSE.
As we can see price broke above our major swing high resulting by rejecting our lower support zone, then bulls are now in control from a medium term,
Where we will be looking for the next bullish movement as well
Meanwhile, on M30 time frame price is trading inside this falling channel from a short term perspective, then for the bulls to kick in again we need a break above the marked swing high then a movement higher would be expected as a new bullish impulse movement.
Until that price can still trade lower to be diving inside our support zone.
If you like this kind of analysis don't forget to like and follow
and as usual follow your trading plan and manage your risk.
Be patient and good luck!