mydoggieshoppe

AUDNZD showing signs of Wyckoff top - Ascending Triangle

Short
FX:AUDNZD   Australian Dollar / New Zealand Dollar
Classic Ascending Wedge. Wyckoff labels marked.

Riskier Sell at UTAD 2 = R61 weekly pivot
Or Sell Stop break of the lower wedge boundary.
Good luck.

BC=Buying climax
AR= automatic rally
ST1,2,3= support test
SOW= Sign of Weakness
UTAD= Upthrust (Sign of Weakness aka fakeout)

3 normal bear divergences spotted on the 4H.
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