AUDNZD produced a nice harmonic pattern. When paired with a pitchfork, the trades are high accuracy at the bottom and median pitchfork lines. In this specific trade we have the market approaching the median line, expect the market to return to the bottom pitchfork line primarily. It may also break above and in that case look for a buy after seeing a break and retest to the upside.
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.