AUDNZD Sell Idea
This pair shows us a bearrish convergence on the H4 chart.
But needs to retrace before continuing to new lows.
The Bullish hidden divergence on the H1 chart might do that.
The plan is to wait for a doube wave retrace upwards. Price must cross 1.12 before we can sell the bottom TL in order to complete a double wave cycle aiming 1.1138
SL last high created before the break of the yellow TL + 2 pips + spread.
This pair shows us a bearrish convergence on the H4 chart.
But needs to retrace before continuing to new lows.
The Bullish hidden divergence on the H1 chart might do that.
The plan is to wait for a doube wave retrace upwards. Price must cross 1.12 before we can sell the bottom TL in order to complete a double wave cycle aiming 1.1138
SL last high created before the break of the yellow TL + 2 pips + spread.