AUDNZD H4 analysis

this one is approaching a strong Support / Demand zone so we will be looking for 3 confluences buy setups.

1- Divergence on MACD in blue
2- Objective Head and Shoulders forming
3- Channel in blue (not objective yet)

this pair is still overall bearish as long as it is trading inside this blue channel.

we have got two possible scenarios here:

1- waiting for the inverse Head and Shoulders pattern break upward to buy

OR

2- waiting for a third RichTL red dot/diamond to form around our upper blue trendline and buy on its break upward

Good Luck!