Hello. We go a nice Little, flag here, we just need to wait for some conform, and break above. OR, we got a H&S, inverted, on here. We also got a nice head and shoulder formation on the Daily time frame. Let's wait and see where it will go.
AUDNZD is getting rejected from W1 Support Zone by D1 bullish "Engulfing" candle. Once D1 candle closes as a Bullish "Engulfing" we may look for short opportunities on smaller TFs to minimize the risk and increase the reward. On H1 TF we may spot that Price has already formed Left Shoulder and Head of Inverse H&Sh pattern, also Head of the Inverse H&Sh pattern...
Dear CryptoCommunity, Here is the analyse for the 22nd of March. I think the scenario 1 is more logic with a potential coming bullish flag. BUT like we can see the volume is normal (not Low) : I am still worry about the next acceleration that can be today ... or tomorrow morning because the volume still normal but the volatility is low... Divergences?! RSI?!...