AUDNZD Pair analysis
Well, here we have a triangle pattern formed, and have many retests to confirm that it's strong.
On the upside, the sell zone is captured from daily timeframe, and if price is ever break the triangle to upside and confirms its breakout, we can go long until we reach that strong sell zone.
Or, if price goes up to that triangle edge, and shows exhaustion, then it will likely go back to the green edge of triangle, so we sell.
On the upside, the sell zone is captured from daily timeframe, and if price is ever break the triangle to upside and confirms its breakout, we can go long until we reach that strong sell zone.
Or, if price goes up to that triangle edge, and shows exhaustion, then it will likely go back to the green edge of triangle, so we sell.
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