Price action reveals signs of a possible reversal since AUD/NZD has reached the multi-year low zone (~1.0530-1.0428). Divergence on Stochastic and RSI is evident on the monthly, weekly and daily time frames combined with a possible low test in formation on the monthly chart, indecision engulfing bar at a potential end of cycle, and bullish behaviour also hinting...
Shark pattern lining up with historical support. The pattern also fits well within a regression channel. The Shark is not my favorite harmonic pattern because it deals with 3 possible entries at the 1.13, 0.886, or 1.618. High probability of reversal is showing between the 1.618 & 0,886 retracement. Let's see what price...