Main items we can see on the 4HS chart:

a) The price has reversed from a resistance zone

b) The previous support zone has been broken

c) That confirmed us a new bearish movement towards the next Support zone

d) We can see in the past a similar situation from current levels and we expect the price to replicate the movement.

e) You can use the previous situation to look for Similar corrective Structures so you can develop short setups.
audAUDNZDForexMultiple Time Frame AnalysisNZDSupport and ResistanceswingtradingTrend Analysis

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