✅AUD_NZD will be retesting a resistance level soon
From where I am expecting a bearish reaction
With the price going down but we need
To wait for a reversal pattern to form
Before entering the trade, so that we
Get a higher success probability of the trade
SHORT🔥
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Hi friends
the daily chart of this market shows with a high probability a downtrend so I advise you to buy but also you have to be freezing of the change of the direction of this market towards the opposite
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1 Hour Chart Explanation:
- Price broke the Ascending Trendline.
- Price is currently on a Convergence Point: Support Zone + Bearish Corrective Structure.
- If price breaks this Zone, a strong down move will start towards the Fibo Level.
Weekly Vision:
Daily Vision:
Updates coming soon!
- Small A-B-C correction.
- Then some short term upside, before big downside move.
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