Trade idea - AUDNZD Long
Updated
4H
Corrective approach towards entry zone.
Market moving in Bull Flag formation.
-68 Fibonacci completion aligning with entry zone.
= Instant market execution Buy.
Aiming to take full profit at Daily TP.
Corrective approach towards entry zone.
Market moving in Bull Flag formation.
-68 Fibonacci completion aligning with entry zone.
= Instant market execution Buy.
Aiming to take full profit at Daily TP.
Note
MONTHLY
Natural M pattern potentially in play.
Clear support & resistance zone is there.
Note
WEEKLY
Inverse Head & Shoulders pattern can be in play, aligning perfectly with the Monthly Natural M pattern.
Clear support & resistance zone is there.
Note
DAILY
Bullish impulse: Indication.
Still trending down making LLs / LHs.
Inverse Head & Shoulders pattern: confirmation.
Clear support & resistance zone is there.
Trade active
Active. Trade closed: stop reached
-1%.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.