FXT_TL

AUDNZD going for M- or H&S?!

Short
OANDA:AUDNZD   Australian Dollar / New Zealand Dollar
Hi all,

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Sharing my thoughts on the AUDNZD pair for the upcoming week(s), no entry yet.
What oppurtunity do we have on this pair? well let me tell you:
We have created a M-pattern wich is giving us information that we might want to go down.
Also we might see the H&S pattern being created like shown, wich in the end also tells us we want to go down.

So, keep monitoring price action, looking for shorts, but not quite yet.

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