As the chart is making higher high and higher low also at hl it made bullish engulfing the entry is not good because we are late we need almost 700 pips gains to get 1:1
Dow Trend = High Low
Candlestick = Engulfing Type
Resistance = Closed above all
Imp Note = High Impact News After 2 hours i am not sure that the hyper gain in chart is due to news lets see
Aud/nzd is making HH and HL but it recently LL and the idea is to short it at lower high lets see
According to sir 2 lh and 1ll is needed for a perfect trend but here only 1 ll is made and lh is in process if it makes high chances that the trend have changed we'll see if its a false leg or not
97.613 Stong support at this level so waiting for last pull of LH before it changes its trend
Buy At LH with Strong Bearish Candlestick Indicator
At a good resistance level
