AUDNZD - 1:3 Risk to Reward Trade right now
The AUDNZD pair has been trending downwards but it seems to have hit a good support to go up again.
Daily: There are a number of harmonic patterns coming in. Daily RSI is oversold.
H4: There is a low of last week at 1.1045 and RSI is oversold and showing divergence.
M15: There is a M15 RSI divergence.
This is a countertrend with 50 pip SL to gain about 180 in reward.
Daily: There are a number of harmonic patterns coming in. Daily RSI is oversold.
H4: There is a low of last week at 1.1045 and RSI is oversold and showing divergence.
M15: There is a M15 RSI divergence.
This is a countertrend with 50 pip SL to gain about 180 in reward.