Looking at higher timeframes, or zooming out for that matter, I see a triangle forming
What's the tp level? The upper BB?
This pattern on AUDNZD works on rocks
Lol..hilarious! :)
http://www.businessspectator.com.au/bs.nsf/Article/RBA-told-intervention-necessary-to-dampen-A-pd20121212-2WQ48?OpenDocument&src=hp8
But if RBA cut rates or intervene heavily to weaken AUD, I'll SHORT.
I'll be long soon on AUDNZD... forming double bottom patern
Long @ 1.2677 on AUDNZD, SL under support line.
interesting pullback
As I said on Nov 08, Pull back was 1.2730 on Nov 14
Looking for pull back @ 1.2700 to be LONG on AUDNZD. (purple cercle)