AUDNZD SHORT? or Bear trap?
Very choppy structure. Looking to go short when price/market gives a SOLID signal of where it actually wants to go.
I am also wondering if this is a bear trap? If not I will go short when price breaks through the support level.
I am also wondering if this is a bear trap? If not I will go short when price breaks through the support level.
Nota
I see another trend forming within our major trend. Price could decide to break this channel to the upside for a short term BUY period then revert back or it might decide to break through this trendline support to the downside supporting my original bias.
Worst case scenario could be price might do none of this and do what it likes LOL, let's wait and see!
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