Top and Bottom analysis on AUDNZD by ThinkingAntsOk
Today we will be working with two timeframes, Daily and 4HS
Main items we can see on the Daily Chart:
a) The price is on a clear bullish trend since March 2020 after bouncing on a massive support zone
b) Currently, we can see a corrective structure supported on a broken descending channel
c) Our daily Target for this movement is the major descending structure
d) We will be paying attention to the corrective structure on the 4hs chart
4hs chart:
Main items we can see on the Daily Chart:
a) The price is on a clear bullish trend since March 2020 after bouncing on a massive support zone
b) Currently, we can see a corrective structure supported on a broken descending channel
c) Our daily Target for this movement is the major descending structure
d) We will be paying attention to the corrective structure on the 4hs chart
4hs chart:
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