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looking for confirmation level for selling it at 1h time frame,price break out the daily channel and have 2 tops structure that have pullback now.please tell us your opinion about this.tnx
my last week analysis is ht tp1 (you can see it in my profile) after the price break the inverse triangle,now price making head &shoulder pattern with rd- divergence(check the macd),i will sell it again in lower time-frame if i see the short signal,also we can enter it when price break the pattern and give the pullbac k
check my last analysis for audusd ,and combine with this wave analysis,it should have correction to confirm long term in next week (according the daily and weekly time-frame)
wait for breaking the resistance and then enjoy your position with lowest risk
make your chart simple and enjoy the market,audnzd will going down because its changing the way
at the weekly resistance and due to the daily pattern to going up,it should have correction down to confirming that(like audusd and audjpy)
i think its have power to break the weekly trend line and complete the triangle pattern
my last analysis was hit tp,now I expect price will breaking the resistances and go higher this area