TradingView
jojofang0901
Aug 12, 2020 10:41 PM

AUDNZD Look for breakout confirmation before the sell  Short

AUD/NZDOANDA

Description

Hello traders:

I am looking at AUDNZD for the sell opportunities.

Looking at the higher time frame, we are at this potential double tops, price is slowing down around this area.

What I like about the price action is the ascending type channel structure its developing into.

I would wait for a confirmation breakout from this channel structure, and any lower time frame correction is valid for the sell down to the recent lows.

Thank you

Comment

More