VasilyTrader

AUDNZD: Harmonic Pattern & Structure

Short
FX:AUDNZD   Australian Dollar / New Zealand Dollar

hey guys,

AUDNZD is approaching a key daily/4h structure resistance.

the horizontal structure matches perfectly with a completion point of the harmonic cypher pattern.

for confirmation, wait for a breakout of a rising channel on 1H and then sell aggressively or on retest.

target levels:
1.065
1.063

safest stop is above the last higher/lower high within the channel.

in case of a bullish continuation above the underlined potential reversal zone on 4h,
setup will be invalid.


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