AUDNZD Short set up
I usually don't trade this pair, in fact did all the technicals right now.
I see a bullish trendline that has reached a liquidity zone just below the monthly level, that trendline broke and came back to test the downwards trend, I think that still is going to go down., even tho that the M is now turning in a downwards triple top, it still has structure.
The SL is based of the liquidity zone, and theTP based off the weekly, but i think that is highly likely that the price might continue to the next purple stripe, those high alone wicks and the cater of price seems like an important zone, if we look left we can corroborate that.
I see a bullish trendline that has reached a liquidity zone just below the monthly level, that trendline broke and came back to test the downwards trend, I think that still is going to go down., even tho that the M is now turning in a downwards triple top, it still has structure.
The SL is based of the liquidity zone, and theTP based off the weekly, but i think that is highly likely that the price might continue to the next purple stripe, those high alone wicks and the cater of price seems like an important zone, if we look left we can corroborate that.
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