AUDNZD - Long
Direction: - There is Bullish Momentum and Orderflow indicating the pair will go long.
- AUDNZD went into the Bullish OB and is approaching the next level of a Bullish Cycle.
- Pair broke YL (Yesterday's Low) indicating possible entry for a buy.
Entry: - W (Double-Bottom) Pattern Formation.
- Today's low was held with pins to the bottom side, indicating low was probably not going to be broken.
- Divergence showing me pair is a buy.
- Volatility band squeeze below the 50 indicates a burst to the upside.
- MBL (Market Base Line) curving upwards below the 50, indicating pair will rise.
- RSI crosses the volatility bands (Shark-fin) indicating a rise in the pair.
- RSI near the 32, indicating pair is exhausted and near oversold.
- 13 EMA Cross indicates pair will continue rising above the 13 EMA.
Exit: - 44 pip TP @ just below YH (Yesterday's High).
- 16 pip SL @ just below today's low.
Direction: - There is Bullish Momentum and Orderflow indicating the pair will go long.
- AUDNZD went into the Bullish OB and is approaching the next level of a Bullish Cycle.
- Pair broke YL (Yesterday's Low) indicating possible entry for a buy.
Entry: - W (Double-Bottom) Pattern Formation.
- Today's low was held with pins to the bottom side, indicating low was probably not going to be broken.
- Divergence showing me pair is a buy.
- Volatility band squeeze below the 50 indicates a burst to the upside.
- MBL (Market Base Line) curving upwards below the 50, indicating pair will rise.
- RSI crosses the volatility bands (Shark-fin) indicating a rise in the pair.
- RSI near the 32, indicating pair is exhausted and near oversold.
- 13 EMA Cross indicates pair will continue rising above the 13 EMA.
Exit: - 44 pip TP @ just below YH (Yesterday's High).
- 16 pip SL @ just below today's low.