Analysis of #AUDNZD
Hi traders, today we will have a look at #AUDNZD
We have an interesting harmonic bat pattern which will complete at a very strong level of 1.100 as you can see the market previously dropped substantially from this level and I suspect when the market reached this strong resistance zone again we will see a bearish reaction
so you have to you two ways in approaching this ideal first set a limit order at the D leg completion, and the second way wait for a confirmation the market is turning bearish before you commit to a sell entry
I hope you guys found this helpful, if you are new here click on follow, to get these ideas delivered straight to your email inbox, I will see you guys at the next one
Thanks for your continued support!
Hi traders, today we will have a look at #AUDNZD
We have an interesting harmonic bat pattern which will complete at a very strong level of 1.100 as you can see the market previously dropped substantially from this level and I suspect when the market reached this strong resistance zone again we will see a bearish reaction
so you have to you two ways in approaching this ideal first set a limit order at the D leg completion, and the second way wait for a confirmation the market is turning bearish before you commit to a sell entry
I hope you guys found this helpful, if you are new here click on follow, to get these ideas delivered straight to your email inbox, I will see you guys at the next one
Thanks for your continued support!
