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TheBearTrader1
21 de Set de 2020 12:11

AUDNZD- SHORTS COULD UNFOLD Viés de baixa

AUD/NZDOANDA

Descrição

Daily Timeframe we can see price has fallen out of this ascending trendline after 3 touches and has now made a lower low. 50EMA acting as resistance today and we are also at a structure level which is more than likely to serve as resistance

4H Timeframe- we can see price confirmed this lower low and is now retracing, we have a retracement to the 50 OR 61.8 fib level and to confirm a lower high and an entry i am waiting on a 4H close for a confirmation candlestick, however price looks quite impulsive at the minute.
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