Hello Everyone!
How are you all?
Audnzd is a pair to watch this week, because it is shaping up very nicely for a bearish trend continuation that we can capitalize on.
As we can see it has committed for selling opportunity. So, I will be looking for a bearish continuation because of the following reasons:
1. The HTF is bearish.
2. The price has made a sell impulse.
Game Plan:
If the price forms a 15mins flag with two highs and lows.
Entry : will look for a risk buy entry within the flag or a reduced risk entry on the breakout of the flag.