AUDNZD is sitting around a daily resistance in blue so we will be looking for sell setups.
on M30: AUDNZD formed a head and shoulders pattern but the setup is not ready to go yet.
Before we sell, we need the bears to take control.
Trigger => Waiting for a momentum candle close below the gray neckline to sell.
Until the sell is activated, AUDNZD would be overall bullish and can still trade higher.
on M30: AUDNZD formed a head and shoulders pattern but the setup is not ready to go yet.
Before we sell, we need the bears to take control.
Trigger => Waiting for a momentum candle close below the gray neckline to sell.
Until the sell is activated, AUDNZD would be overall bullish and can still trade higher.