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DylanMorgan

Buy the Beakout of the Ending Diagonal

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Dolar Australia / Dolar New Zealand (FX:AUDNZD)  
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FX:AUDNZD   Dolar Australia / Dolar New Zealand
Chart Patterns aud NZD Chart patterns patterntrading longsetup impulses corrections Ending Diagonal
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chartpattern aud nzd chartpatterns patterntrading longsetup impulses corrections endingdiagonal
Here is the future pattern forming for AUDNZD. It is possible that price may not reach the top of the ascending channel for some time, so watch as price action nears the 1.12100 level.

For the present time, on the lower timeframe, there is an ending diagonal forming indicating price will reverse soon. Buy the breakout or enter at your own risk.
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The breakout has occurred and the corrective formation is now forming, look to long the next impulsive move up.
snapshot
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Penafian

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