The Big Trade You Are Missing


I do not usually trade this cross aud/nzd , but I noticed, and I would like to draw your attention, beautiful emerging technical pattern  is shown on this pair

AUD NZD technical analysis 


                        AUD/NZD TRADE

We can easily the diamond pattern, which apper on all time frames  monthly,: weekly and daily  Diamond Pattern composed It’s a very particular Pattern because it’s composed by two Patterns: Broadening Formation and a Symmetrical Triangle.
The first part of the Pattern, is characterized by Higher Highs and Lower Lows The second part of the Pattern, is characterized by Lower Highs and Higher Lows.
The Pattern is recognizable for its similarity to a diamond; as usual, to be sure if it is a Continuation or Reversal Pattern, you should wait for the Breakout and for a confirmation that follows the Breakout (As a Pullback; or a confirmation from an Oscillator or a Candlestick Patterns).
Price Target: you have to measure the maximum width of the diamond, and then project it from the Breakout point in the direction of the Prices.

Conclusions: you should expect to see aud nzd going lower to 0.96 or 0.92 price target for my opinion 

good luck 

This review does not including any document and / or file attached to it as an advice or recommendation to buy / sell securities and / or other advice

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