AUDNZD wedge continuation???

٣ مايو ٢٠٢١

Following the sell on this pair which we already closed(see trade analysis below),

we're currently seeing a bullish engulfer on daily tf rejecting the lower trendline of the ascending wedge. On the current tf we have a descending wedge that has been broken through so we'll be looking for a pullback to correct the impulse and a rejection adter that to buy this pair.
Also important to note is that we could see an inverse h&s form to further push us to the upside.

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٢٦ مايو ٢٠٢١

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Wedge breakout below so expect downward continuation.