Ash_FXtradingMadeSimple

Hidden divergence spotted potential 140pips

Kort
OANDA:AUDNZD   Australiensisk dollar/Nyzeeländsk dollar
Price has been in some what of a uptrend, it’s hit a significant high resistance and been rejected, it’s near another support level now. Price is now making lower lows but the obv is showing higher highs, this is a sign of trend continuation to the downside. I’m not going to Jump straight into this trade, I want price to break and retest the support level (yellow box) then scale down to a 15minute time frame and get the best possible entry.

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