AUDNZD - POT confluence area - DAILY - Long
3 nested patterns completing in same zonal space.
Would complete at bottom of consolidation triangle, and trade would be confirming consolidation to continue
886 confluence of previous larger swing
RSI is just heading into Oversold. possible rebound off the 786 but would be short term to meet the 886 area
Check back in the coming day/s
3 nested patterns completing in same zonal space.
Would complete at bottom of consolidation triangle, and trade would be confirming consolidation to continue
886 confluence of previous larger swing
RSI is just heading into Oversold. possible rebound off the 786 but would be short term to meet the 886 area
Check back in the coming day/s
Nota
Consolidation triangleNota
Maybe today?We entering top of zone
Nota
If you are trading the pattern the Monthly Support is exactly X, and would require a SL below this (its NFP today!)Nota
BoomNota
Channel creationNota
Channel support being pushed with negative price actionMoved position to BE @ 1.041
Its possible we see a break here with a retest of pattern structure or lower.
Either way we are in no loss position with a pending opportunity at lower prices.
Dagangan ditutup: sasaran tercapai
1.041 stood firm.Target 1 hit
Target 2 @ 1.065 with trailing stop, the move could run much higher, this is a prett conservative target 2 price.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.