AUD/NZD Trade Idea

Hello and welcome to my Trade Idea of the currency pair AUD/NZD.

Lets start with the Top Down Analysis.


Daily: The last daily candle from this week has already broken 2 lows and this is an initial confirmation of an bearish trend.

H4: The last h4 candles are bearish and that is crucial for an m15 push to the downside.

H1: On the h1 timeframe we see a bearish trend.

M15: Here we draw the counter trendline. We wait for a confirmed breakout and then a push to the downside.


Have a nice day.