The pattern has been kind with the turns around the trendlines.
I picked out the pattern in a previous post and traded the swings. Price is trying to break to the upside. Several attempts have been made in recent sessions and we could be about to see a push with momentum out of the recent consolidation.
Not much to add here that hasn’t been said in my earlier posting. A move above the 1.1015 area of the recent fib at 38.2% would be a decent entry if not already holding long.
AUDNZD 4 Hour
A wider view below showing the pattern relative to longer term price action.
AUDNZD 4 Hour
Collects more scalps than Crazy Horse and newly crowned Bitcoin & Dow top calling master.
Philosophy: "Trading rules.....it most certainly does"
Read how Horatio got into trading here
Philosophy: "Trading rules.....it most certainly does"
Read how Horatio got into trading here
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