Monthly - Price is currently in an uptrend on the monthly time frame and has come back to touch the upward trend line for a third time.
Weekly- Price is also currently as a weekly demand zone where we expect a turn to the upside.
Daily - Price was heading down but is currently at the weekly demand zone, I am waiting for it to touch the nested daily demand zone...
Monthly- Consolidating
Weekly- Down Trend
Daily- Down Trend
4H- Trending Up but at a triple nested supply zone
Monthly
- Monthly upward trend line has been broken, and price has strongly consolidated away from the created supply zone in one candle. Price also seems to respect the opposing monthly demand zone.
Weekly
- Price has negated 2 opposing demand zones...
The 4H up trend line has been broken which signals a loss in upward momentum. A supply zone located at the golden area has been created on the hourly TF, can price go back to test that zone. Lets see.
The 4 Hr has been on an uptrend for a while now. Also our demand zone which has been created formed on the 4H up trendline and also on our golden line. Now we wait.
Price broke the 4 hour trend line and created a supply level in a golden zone. Price seems to be reacting well to this level. Can we get the quick down movement to the 1 hr demand zone?
On the higher time frames AUDNZD is currently trending up but as it retraces to a daily and 4H demand zone which also has a golden fib zone nested within it, we expect price to spring. Don't let me down.
Price is currently sitting at a daily and 4H support level, daily and 4H supply level and has also broken a daily trendline. c'mon now, price doesn't want to drop anymore. Lets wait for a shoot.
Price is currently at a weekly and daily support and demand area and struggles to make a lower low. Now we wait for a strong rally in price to move higher
