Possible short trade idea after pull back to confirm...
AudNzd formes an inverted head and shoulders, then rejected the neckline... Price now appears to have formed a bearish triangle and could possibly break out on the 4h time Frame.. I am considering a short position if price breaks out
AUD/NZD has cleared a major area of resistance, we'll jump in on a retrace
💡 Trade Idea 📉 Buy AUDNZD Now @ 1.0802 🎯 Target Profit 1.0737 🛑 Stop Loss 1.0831 ❌ Do not risk more than 1% of your account on each trade 🙂 Good Luck!
D1 - bearish marke strucutre , weekly resistance rebound , shooting star formation bulls exhaustion H4- Fibonaci 61.8 rejection, bearish engulfing bearsh in control, trendline rejection H1 - Shift momentum, bearish engulfing Dont expose more on AUD .
25 Pips Risk vs 111 Pips Profit Bullish hidden divergence
Opportunity of possibility of Head and Shoulder, the shoulders are almost perfect
4 HR Supply 5 Mins Aggressive Confirmation LOW RISK TRADE!
Head and Shoulder pattern looking for long.
Potential price reversal 4hr time frame