Hey there
OANDA:AUDNZD
market is in the strong resistance zone
Where it reverse many times,,,,,,,
Waiting for confirmation of breakout or reversal,,,,,,
After happening we will notify.....
Be happy,
Follow money management.
Good luck
Hi traders,
THE STATEMENT
Here you have a quick scalp idea on FX:EURNZD , using H1 for directional bias and M10 for execution.
THE PLAY
On H1 time frame, there is a bearish RSI Divergence forming since 14th of January 2022. However despite the RSI Divergence, there is no other confluences indicating a reversal (no Break of Market Structure or ...
DeFi boom as well as limited total supply (No pre-mining and supply increases as yield farmers providing liquidity by staking and lending their tokens) contribute to the supply/demand imbalance of YFI governance token, leading to the rapid appreciation.
First of all, it has a comparatively minuscule total supply limited to just 30,000 coins. Second, over 60% of...
