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TheSignalyst
1 Th02 2023 09:27

AUDNZD - Strong Resistance Ahead! 

Australian Dollar/New Zealand DollarFXCM

Mô tả

Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst.

on DAILY: Left Chart
AUDNZD is approaching a resistance zone so we will be looking for sell setups on lower timeframes.

on H4: Right Chart
AUDNZD is approaching the upper trendline of the rising channel in red.

As price approaches the purple zone, as per my trading plan, I will be looking for potential bearish reversal setups on lower timeframes.

Always follow your trading plan regarding entry, risk management, and trade management.

Good luck!

All Strategies Are Good; If Managed Properly!
~Rich
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JoeChampion
Good one Pal!
Gold-Tech
Keep it up
RLinda
Good look at the market, keep up the good work)
KlejdiCuni
Very good trading plan. Thanks for sharing with us.
basictradingtv
Keep it up buddy ;)
Lingrid
Possible scenario I think
SignalProvider
Thanks for sharing!
DeGRAM
Thank you for sharing your analysis.
ProjectSyndicate
let's get it seems logical
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