AUDNZD - Strong Resistance Ahead!
Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst.
on DAILY: Left Chart
AUDNZD is approaching a resistance zone so we will be looking for sell setups on lower timeframes.
on H4: Right Chart
AUDNZD is approaching the upper trendline of the rising channel in red.
As price approaches the purple zone, as per my trading plan, I will be looking for potential bearish reversal setups on lower timeframes.
Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
on DAILY: Left Chart
AUDNZD is approaching a resistance zone so we will be looking for sell setups on lower timeframes.
on H4: Right Chart
AUDNZD is approaching the upper trendline of the rising channel in red.
As price approaches the purple zone, as per my trading plan, I will be looking for potential bearish reversal setups on lower timeframes.
Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
This analysis is done using RichTL
www.RichTL.com
My Telegram Channel
www.t.me/thesignalyst
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www.RichTL.com
My Telegram Channel
www.t.me/thesignalyst
Buy CRGPT on Uniswap
cutt.ly/CRGPT