AUD/NZD - Bearish Cypher.
Hello guys! We have a Bearish Cypher on AUD/NZD, it is almost completed.
- Bearish Cypher.
- Monthly and Weekly Pivots are in our favor.
- Stochastics on Daily time frame are crossing.
- On 1H time frame we have something like ending diagonal and now it is in its last 5th move with huge bearish divergence.
- Canddle formation looks very bearish.
Stop loss - 1.06430
Entry - 1.05798
Target - 1.04858
- Bearish Cypher.
- Monthly and Weekly Pivots are in our favor.
- Stochastics on Daily time frame are crossing.
- On 1H time frame we have something like ending diagonal and now it is in its last 5th move with huge bearish divergence.
- Canddle formation looks very bearish.
Stop loss - 1.06430
Entry - 1.05798
Target - 1.04858
Note
If someone took this one, move your stop loss to profit on Monday. It looks corrective, so it can give one more impulse/spike to the up side.
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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.
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.