Timonrosso

AUDNZD showing strong upside with a breach in the W target 1.140

Long
OANDA:AUDNZD   Australian Dollar / New Zealand Dollar
AUDNZD W Formation has formed over the last month.
The price has broken above the Neckline, showing strong upside to come.
We have other indicators confirming this.
7>21 - Bullish
RSI>50
Target 1.14000

SMC - Sell Side LIquidity
Smart Money buys into positions (and sweeps liquidity) from traders who are long (get stopped) and for short traders who enter into their trades.

Looking good! I'll let you know as this trade plays out and what adjustments I will make along the way.

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Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
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