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AUDNZD - 1:3 Risk to Reward Trade right now

Panjang
Dolar Australia / Dolar New Zealand (FX:AUDNZD)  
JD_TeenTrader  
FX:AUDNZD   Dolar Australia / Dolar New Zealand
Harmonic Patterns Chart Patterns Technical Indicators AUDNZD buyaud rsi_divergence harmonictraders
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harmonicpatterns chartpattern indicator audnzd buyaud rsi_divergence harmonictraders
The AUDNZD pair has been trending downwards but it seems to have hit a good support to go up again.

Daily: There are a number of harmonic patterns coming in. Daily RSI is oversold.

H4: There is a low of last week at 1.1045 and RSI is oversold and showing divergence.

M15: There is a M15 RSI divergence.

This is a countertrend with 50 pip SL to gain about 180 in reward.

Penafian

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