AUD/NZD The Waiting Game
Chart: 4 Hour Time Frame
Market: Bearish Trend
Bearish Indicators
1. Descending triangle chart patter
2. Lower highs
Because there's not enough evidence to support a short entry, it's best to wait until a signal can be confirmed
on the daily, 4 hourly & hourly time frame. Our expectation overall is bearish.
Note: Awaiting confirmation. On the sidelines for now.
Agree / Disagree? Comment Below!
Market: Bearish Trend
Bearish Indicators
1. Descending triangle chart patter
2. Lower highs
Because there's not enough evidence to support a short entry, it's best to wait until a signal can be confirmed
on the daily, 4 hourly & hourly time frame. Our expectation overall is bearish.
Note: Awaiting confirmation. On the sidelines for now.
Agree / Disagree? Comment Below!