AUDNZD POTENTIAL SHORT CONTINUATION OPPORTUNITY

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Hello Everyone!

How are you all?

AudNzd is a pair to watch this week, because it has shaped up very nicely for a bearish trend continuation that we can capitalize on.

So, I will be looking for a bearish continuation because of the following reasons:

1. The overall trend is bearish.

2. The price has formed a continuation structure.

3. The price has approached the value area.

Game Plan:

If the price closes below the rayline with a bearish, impulse followed by a 15mins flag with two highs and lows.

Entry : will look for a risk sell entry within the flag or a reduced risk entry on the breakout of the flag.

Ghi chú
Getting ready: Signal candlestick formed on the Daily.
Chart PatternsMultiple Time Frame AnalysisTrend Analysis

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