Hello Everyone!
How are you all?
Audnzd is a pair to watch this week, because it is shaping up very nicely for a bearish trend continuation that we can capitalize on.
As we can see it has committed for selling opportunity. So, I will be looking for a bearish continuation because of the following reasons:
1. The HTF is bearish.
2. The price has made a sell impulse.
Game Plan:
If the price forms a 15mins flag with two highs and lows.
Entry : will look for a risk buy entry within the flag or a reduced risk entry on the breakout of the flag.
How are you all?
Audnzd is a pair to watch this week, because it is shaping up very nicely for a bearish trend continuation that we can capitalize on.
As we can see it has committed for selling opportunity. So, I will be looking for a bearish continuation because of the following reasons:
1. The HTF is bearish.
2. The price has made a sell impulse.
Game Plan:
If the price forms a 15mins flag with two highs and lows.
Entry : will look for a risk buy entry within the flag or a reduced risk entry on the breakout of the flag.
Trade active
The price hit the second AOI.
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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.
Related publications
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.