Jakubaszek

#AUDNZD It's time for buyers starts to stepping in

Long
FX:AUDNZD   Australian Dollar / New Zealand Dollar
I believe AUDNZD should go into up-trend very soon.
We can see this hammer at the bottom of the bearish channel which means the trend should change now.
Furthermore, the price is moving "Sideways" in this triangle, so it's time for some movement to the resistance.

We can expect some bearish movement in the begging of the week, but eventually, the price should go higher.
We are on very strong support which this hammer only confirmed this information.


Let's see guys!
I will be updating this.
Trade active: I don't chase money, I chase perfection...
Trade active: Adding buys. (new post)

Comments

Always good to see opposite sides of your trading view to broaden your horizon and make sure not missing anything.. we're likely going short but on a short time frame

+1 Reply
Jakubaszek forexTrdr
@forexTrdr, Yes, I agree with this short as I mentioned before that we can expect some bearish movement at the beginning of the week!
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