Price fell sharply last two weeks and we are now expecting a retracement to the upside with the following confluences -
1) A completed higher degree WXY
2) A completed smaller degree WXY
3) A completed Bat pattern
4) A RSI divergence formed
All these give us the confluences that we might see a decent pull back to the upside for AUDNZD.
Quiz: With this information on AUDNZD, what additional edge does it provide?
1) A completed higher degree WXY
2) A completed smaller degree WXY
3) A completed Bat pattern
4) A RSI divergence formed
All these give us the confluences that we might see a decent pull back to the upside for AUDNZD.
Quiz: With this information on AUDNZD, what additional edge does it provide?
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.