AUDNZD Long opportunity
On the bigger picture Weekly, price action is showing it's in an uptrend. HHs & HLs , demand being respected, supply negated.
Taking a long opportunity on a WoW demand zone formed that's been tested by a news spike. Needed confirmation before taking trade.
Break of TL indicates that level still have strong buyers.
If you are applying Supply & Demand methodology in your trading plan, or mere interest,
Be sure to follow me on Tradingview and share your views.
Taking a long opportunity on a WoW demand zone formed that's been tested by a news spike. Needed confirmation before taking trade.
Break of TL indicates that level still have strong buyers.
If you are applying Supply & Demand methodology in your trading plan, or mere interest,
Be sure to follow me on Tradingview and share your views.
Note
it's AUDUSD not AUDNZD. Mistake.
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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.