alladale

ETP-4 pattern on the $AUDNZD daily

FX:AUDNZD   Australian Dollar / New Zealand Dollar
With the size of this ETP-4 pattern, we're looking at scaling since the reversal area is so large. The support is in a great area so we'll be looking for price to bounce anywhere between current price and the support lows. The bounce here should be a wide area but an area that should be quite noticable and a good area to put a stop.
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