AUDNZD: Have You Seen This Pattern?
AUDNZD is retesting a broken daily structure.
Trading in a bearish trend I am looking for a trend-following trade.
The price formed a double top pattern on hourly time frame.
1.0415 - 1.0417 is its neckline.
Wait for its hourly violation (hourly candle close below), then short aggressively or on a retest.
Goals will be 1.038 / 1.035
Remember, in case of a violation of an upper yellow resistance to the upside,
the setup will be invalid.