AUDNZD LONG
Price has crossed my KAMA baseline, but has yet to cross Kijen.
It appears to still be held down by the resistance level but price seems to be forming a hammer candlestick on the daily.
I expect price to move BULLISH with higher volume to the upside to break out of the structure.
RVI values also seem to be making higher highs through the weeks demanding more buy potential and shift in trend.
It appears to still be held down by the resistance level but price seems to be forming a hammer candlestick on the daily.
I expect price to move BULLISH with higher volume to the upside to break out of the structure.
RVI values also seem to be making higher highs through the weeks demanding more buy potential and shift in trend.
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.