Waiting to sell AUDNZD
We're looking to sell AUDNZD. As the 4 hr chart shows, price fell fast followed by an equally quick move upwards in a V shape which often are good for a reversal. In the last 4 hr candle, it's taken out the last significant high where it reversed sharply marked in yellow, and is currently printing a reversal candle at this same level. So we'll wait for the close of this candle, and if it looks similar to now, will place an order to sell just below the low of this last candle.
No time to trade