AUD/NZD Trade Idea
Hello and welcome to my Trade Idea of the currency pair AUD/NZD.
Lets start with the Top Down Analysis.
Daily: The last daily candle from this week has already broken 2 lows and this is an initial confirmation of an bearish trend.
H4: The last h4 candles are bearish and that is crucial for an m15 push to the downside.
H1: On the h1 timeframe we see a bearish trend.
M15: Here we draw the counter trendline. We wait for a confirmed breakout and then a push to the downside.
Have a nice day.
Lets start with the Top Down Analysis.
Daily: The last daily candle from this week has already broken 2 lows and this is an initial confirmation of an bearish trend.
H4: The last h4 candles are bearish and that is crucial for an m15 push to the downside.
H1: On the h1 timeframe we see a bearish trend.
M15: Here we draw the counter trendline. We wait for a confirmed breakout and then a push to the downside.
Have a nice day.
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