AUDNZD - Clean Shorts ✨

17 Jan 2022

AUDNZD recently broke out of a descending ABC correction (the bigger ABC pattern seen in the chart). We are now bullish but for a full reversal, we often see a double bottom/top before we see a trend reversal. We could be at the the start of the move that takes us down to the double bottom region.

On lower timeframe, we are in an ascending correction (marked in red). Will be looking to enter AUDNZD on the break of the ascending correction and take it down to the double bottom region.

Trade Idea:
- Watch for break of ascending correction
- Enter with stops above the higher
- Target the double bottom region 1.029 (380pips)

See below for our past VIP AUDNZD trade setups.

AUDNZD: First Entry (300pips)

AUDNZD: Second Entry (160pips)

Goodluck and as always, trade safe!

20 Jan 2022

Nota

AUDNZD - Pattern has changed but we're still bearish. Looking for one more move up from AUDNZD before shorting