Hello Guys,
This pair is currently trading in a supply zone and the expectation is for it to present a selling opportunity. I will be monitoring this pair as it trades inside the marked area for a CHOCH in the 1-hour timeframe. Once I get my preferred bearish setup, I will be going short.
Also, I just made a post on a correlated pair which is the AUDNZD with the same outlook, I will post it below.
Follow me for more analysis.
Here is my AUDNZD analysis
Cheers,
Jabari
This pair is currently trading in a supply zone and the expectation is for it to present a selling opportunity. I will be monitoring this pair as it trades inside the marked area for a CHOCH in the 1-hour timeframe. Once I get my preferred bearish setup, I will be going short.
Also, I just made a post on a correlated pair which is the AUDNZD with the same outlook, I will post it below.
Follow me for more analysis.
Here is my AUDNZD analysis
Cheers,
Jabari