AUDNZD continue short from here
Updated
Hi traders:
Here on AUDNZD, we have a completion of a deeper correction.
Price initially broke out of the channel from the double tops from higher time frame, and had a strong bearish move to the downside.
That kind of bearish momentum do need a more complex correction to form and complete before more short opportunities can be taken.
I see a smaller correction currently forming, and I will wait to see a breakout and add in the trade.
Thank you
Here on AUDNZD, we have a completion of a deeper correction.
Price initially broke out of the channel from the double tops from higher time frame, and had a strong bearish move to the downside.
That kind of bearish momentum do need a more complex correction to form and complete before more short opportunities can be taken.
I see a smaller correction currently forming, and I will wait to see a breakout and add in the trade.
Thank you
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