AUD/NZD MULTI-TIMEFRAME ANALYSIS|CONDITIONAL SHORT
Hello, friends!
Lets take a look at the audnzd.
Here, on the weekly chart it is clear that the pair is in the falling channel that has got the outer and the inner resistance lines.
A weekly closeup shows us a possible target in terms of the meaningful support lines, should the pair continue moving within the channel.
A daily chart gives us a broken diagonal support turned resistance and a potential falling channel. Wait for the pair to reach the two resistance lines, one of which being the internal weekly channel resistance line, and short from their, bidding the pair moves within the new small falling channel and respects the two resistance lines.
Thank you for reading! Like and subscribe if you liked my charts to support me!
Lets take a look at the audnzd.
Here, on the weekly chart it is clear that the pair is in the falling channel that has got the outer and the inner resistance lines.
A weekly closeup shows us a possible target in terms of the meaningful support lines, should the pair continue moving within the channel.
A daily chart gives us a broken diagonal support turned resistance and a potential falling channel. Wait for the pair to reach the two resistance lines, one of which being the internal weekly channel resistance line, and short from their, bidding the pair moves within the new small falling channel and respects the two resistance lines.
Thank you for reading! Like and subscribe if you liked my charts to support me!
✅ FREE Telegram channel: t.me/prosignalsfxx
✅ My Website: prosignalsfx.eu/
✅ For VIP SIGNALS contact: t.me/prosignalsfx_contact
✅ RELIABLE BROKER: prosignalsfx.eu/trustedbroker
✅ My Website: prosignalsfx.eu/
✅ For VIP SIGNALS contact: t.me/prosignalsfx_contact
✅ RELIABLE BROKER: prosignalsfx.eu/trustedbroker
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.