Mrdell

[AUDNZD] THOUGH FOR BULLISH?

Long
Mrdell Updated   
FX:AUDNZD   Australian Dollar / New Zealand Dollar
Previous H4 big bull trend bar shows the absolute strength of the bull side, why wouldn't we follow the absolute strength? Seems like free money though.

I don't think it is that easy because at the moment pf this post price is still going down, we don't really know when upside will be back but we know the zone where it likely and many people will see too. My thought is waiting a signal bar show the very strong signature that bull side back and then it will be our entry.

What do you guys think?
Comment:
Seems like the price will not touch our waiting level, so the idea above is invalid. We will have further update for this pair on other ideas.
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