AUDNZD Daily S/R| Swing High| .382 Fibonacci| Price Action
Evening Traders,
Today’s analysis – AUDNZD- trading above a key S/R zone where a respect is probable,
Points to consider,
- Price Action Impulsive
- .382 Fibonacci Support
- Daily S/R Objective
- Oscillators Neutral
AUDNAD’s immediate price action is trading above a level that has technical confluence; this S/R level has a high probability of holding.
The Daily S/R is immediate objective, exceeding this level will increase the probability of trend continuation.
The volume node has a valid climax, follow through is critical for continuation.
Overall, in my opinion, XLMUSDT is a valid long with defined risk; price action is to be used upon discretion/ management.
Hope this analysis helps
Thank you for following my work
And remember,
“Where you want to be is always in control, never wishing, always trading, and always first and foremost protecting your butt.” – Paul Tudor Jones
Today’s analysis – AUDNZD- trading above a key S/R zone where a respect is probable,
Points to consider,
- Price Action Impulsive
- .382 Fibonacci Support
- Daily S/R Objective
- Oscillators Neutral
AUDNAD’s immediate price action is trading above a level that has technical confluence; this S/R level has a high probability of holding.
The Daily S/R is immediate objective, exceeding this level will increase the probability of trend continuation.
The volume node has a valid climax, follow through is critical for continuation.
Overall, in my opinion, XLMUSDT is a valid long with defined risk; price action is to be used upon discretion/ management.
Hope this analysis helps
Thank you for following my work
And remember,
“Where you want to be is always in control, never wishing, always trading, and always first and foremost protecting your butt.” – Paul Tudor Jones