Nice Confluence with the Bearish Pinbar, the Trendline and Moving Averages. Might be a good trade if Market does not Gap too much on Sunday Night.
Looks like a pretty good Opportunity to me. Confluence on the Daily & the 60min chart. 1234.29 will be my target, but as usual you're free to choose some major support down lower for your target. Take Care Maximilian
Last two days have built a wedge pattern on the 60min Chart. Wait for the Breakout in one of the directions to get in. If it breaks out to the top, stop loss is below the yellow middle line of the wedge. Target is next structure (Red line). If market breaks out to the bottom, target is next structure to the downside (Green line) and stop loss is above the yellow...
The pair is currently oversold and should start some retracement soon. The yellow line is next structure in confluence with Fib 0.618 Level. Look for entry in the green zone. Stops go below last structure low (1.06929), profit target is next upcoming structure (1.09237).
If AUDNZD breaks above the red resistance area, we might see a bullish trend continuation. If AUDNZD holds at the resistance area, it might continue back to the support area and retest the lows. Because of the underlying bullish trend, it is more likely to reverse back to retest to highs
Looks like 0,618 Fibonacci Retracement got a hold for Bearish Continuation in EURGBP. Try Retest of the Low or 1,27 Fibonacci Extension for possible Targets. Stops go above 0.86 which is last structure position. Have Fun