AUD/NZD - Bearish Cypher.
Hello guys! We have a Bearish Cypher on AUD/NZD, it is almost completed.
- Bearish Cypher.
- Monthly and Weekly Pivots are in our favor.
- Stochastics on Daily time frame are crossing.
- On 1H time frame we have something like ending diagonal and now it is in its last 5th move with huge bearish divergence.
- Canddle formation looks very bearish.
Stop loss - 1.06430
Entry - 1.05798
Target - 1.04858
- Bearish Cypher.
- Monthly and Weekly Pivots are in our favor.
- Stochastics on Daily time frame are crossing.
- On 1H time frame we have something like ending diagonal and now it is in its last 5th move with huge bearish divergence.
- Canddle formation looks very bearish.
Stop loss - 1.06430
Entry - 1.05798
Target - 1.04858
Comentarios:
If someone took this one, move your stop loss to profit on Monday. It looks corrective, so it can give one more impulse/spike to the up side.