On AUDNZD we got a a falling wedge pattern being made, with the divergence on the 1 and 4 hour timeframe. It is keeping every check in the book, the pattern, the divergence. Placing my entry on the previous lower high. The trade plan would be as below:

Falling Wedge pattern
Entry: 1.08283
Stop Loss: 1.08120
TP1: 1.08607
Trend Analysis

Aviso legal